NH-Amundi's 'HANARO K-Beauty' ETF Achieves 22% Return
NH-Amundi Asset Management's 'HANARO K-Beauty' ETF has recorded over 22% returns over the past three months, providing substantial gains to investors. This ETF invests in the Korean cosmetics and beauty medical device sectors, featuring AmorePacific, LG Household & Health Care, among other leading cosmetic firms in its portfolio.
Korean cosmetic exports have hit a record high, reaching $3.6 billion in 2023, marking a 16% increase from the previous year. This growth is accelerated by the rising global popularity of K-Beauty.
In addition, the influx of foreign medical tourism to Korea has significantly surged, positively impacting the sales and operating profits of beauty-medical companies like PharmaResearch. In the first quarter, PharmaResearch's operating profit rose by 68%, with over half of foreigners' healthcare spending concentrated in dermatology.
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K-Beauty Booms as ETF Soars…NH-Amundi Reports "3-Month Yield at 22%" - Money TodayRiding the global K-beauty wave, cosmetics exports are increasing and medical beauty tourism is on the rise, leading to a swift increase in related ETF (Exchange Traded Fund) yields. NH-Amundi Asset Management announced on the 21st that the HANARO K-Beauty ETF 3-month yield has surpassed 22.62%. The 1-month yield is 10.73%, and the 6-month yield is 33.14%. The HANARO K-Beauty ETF includes cosmetics and medical...
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NH-Amundi Asset Management, "Thanks to K-Beauty"...HANARO K-Beauty ETF's Profits Soar - Hans Economy[Hans Economy = Reporter Choi Chon-wook] NH-Amundi Asset Management announced on the 21st that the HANARO K-Beauty ETF has surpassed a 22% return over three months. According to fund evaluator KG Zero-in, as of the 20th, the HANARO K-Beauty ETF's returns were 10.73% for one month, 22.62% for three months, and 33.14% for six months. The HANARO K-Beauty ETF invests across the K-beauty industry, including cosmetics and beauty medical devices. It includes not only cosmetics stocks like Amorepacific, LG Household & Health Care, APR, and Cosmax but also beauty medical device stocks like PharmaResearch and Hugel. Our country's cosmetics exports are
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NH-Amundi Asset Management's ‘HANARO K-Beauty’ ETF Surpasses 22% Return in 3 Months - EDailyNH-Amundi Asset Management announced on the 21st that their 'HANARO K-Beauty' ETF has surpassed a 22% return in three months. According to fund evaluation company KG Zeroin, as of the previous day's standard, the HANARO K-Beauty ETF yielded a return of 10.73% in one month, 22.62% in three months, and 33.14% in six months...
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