Hana Bank Launches Korea’s First Yen-Based ETF Investment Product
Hana Bank has become the first financial institution in Korea to launch an investment product enabling direct ETF investment in Japanese yen. The new product, 'Hana Global Trust (Yen)', allows clients to convert their non-yielding yen holdings into income-generating assets by investing in ETFs such as Global X's 'Ultra-Long U.S. Treasury ETF (Yen Hedged)' and 'US Tech Top 20 ETF'. This provides investors with opportunities for portfolio diversification and potential returns from both bond yields and global technology equities.
Following the introduction of a USD-based ETF product last year, the expansion to yen demonstrates Hana Bank's responsiveness to evolving customer needs. In Japan’s long-term low interest rate environment, the product offers a compelling option for those seeking safety while enhancing yields. Investors can benefit from the stability of long-term U.S. treasury investments and the growth potential of leading global technology firms. This marks the first official bank-offered ETF investment solution denominated in yen in Korea, broadening the range of sophisticated investment options in the market.
Related News
"Should We Try Yen Tech?"... Hana Bank Introduces Yen ETF - Financial NewsHana Bank announced on the 25th that it has launched 'Hana Global Trust,' the first of its kind in the domestic banking sector, which allows investments in Japanese yen. Hana Bank expects that through Hana Global Trust, individual clients will be able to convert their virtually zero-interest non-earning yen assets into earning assets...
Hana Bank Launches First 'Yen ETF Trust' in the Banking Sector - ETodayHana Bank has announced the launch of 'Hana Global Trust (Yen)', an investment product available in Japanese Yen (JPY). This is the first product in the banking sector allowing ETF investment in Yen.
Distinctive Asset Management of Hana Bank, a Trustee Giant - Korea Economic DailyDistinctive asset management of Hana Bank, targeting customers holding Japanese yen, offering Hana Bank's unique asset management products (ETFs). Strengthening portfolios with yuan assets, previously with interest rates at the 0% level for regular deposits, is now anticipated through ETF investments. Possibilities include generating investment profits through tech stock ETFs and pursuing dividend income through bond ETFs.