Hanwha Asset Management's 'PLUS K Defense ETF' Achieves Significant Growth, Crossing 1 Trillion Won AUM
Hanwha Asset Management's 'PLUS K Defense ETF' has reached a significant milestone by crossing 1 trillion won in assets under management (AUM). Since the beginning of 2023, the ETF has experienced an asset increase of 730.8 billion won, drawing investor interest due to the rapid expansion of the domestic defense industry. Notably, the ETF achieved a remarkable return of 172.46% year-to-date, the highest among ETFs listed in South Korea.
The exponential growth of South Korea's defense industry and the rising levels of global security instability have played a critical role in maximizing investment demand. As the defense industry's penetration into global markets accelerates, it has become a crucial growth variable for the Korean economy, alongside semiconductor and secondary battery industries. This performance has allowed the K Defense ETF to become the only theme ETF in South Korea to achieve an asset base exceeding 1 trillion won.
Mirae Asset Management, in collaboration with Global X and AI specialist firm Wealthspot, aims to expand its market share by utilizing AI-driven investment strategies. The newly launched 'Global X Investment Grade Corporate Bond ETF (GXIG)' employs an AI model to select corporate bonds with attractive investment potential, based on the Bloomberg U.S. Corporate Bond Index. The integration of AI with traditional factor investment techniques is designed to enhance adaptability to market uncertainties and interest rate fluctuations.
Related News
PLUS K-Defense ETF Surpasses 1 Trillion Won in Net Assets - Financial NewsHanwha Asset Management's 'PLUS K-Defense ETF' has surpassed a net asset value of 1 trillion won. This product, which has seen an increase of 730.8 billion won in net assets since the beginning of the year, recorded the second highest net asset growth among domestic investment ETFs. 'PLUS K-Defense' is the only domestic thematic ETF to exceed a net asset value of 1 trillion won this year.
Mirae Asset Management launches its first AI-based ETF in the US - SBS Biz[Global X logo (provided by Mirae Asset Management=Yonhap News)] Mirae Asset Management has collaborated with its US ETF subsidiary 'Global X' and AI-specialized entity 'Wealthspot' to launch the group's first AI-based product, the 'Global X Investment Grade Corporate Bond ETF'...
Hanwha Asset Management, 'PLUS K Defense ETF' Surpasses 1 Trillion Won in Net Assets - Dong-A IlboHanwha Asset Management announced on the 18th that the net assets of the 'PLUS K Defense ETF' have surpassed 1 trillion won. According to financial information firm FnGuide, as of the 16th, PLUS K Defense ETF's…
“K-Defense Shined”… Hanwha Asset Management's 'PLUS K-Defense ETF' Surpasses 1 Trillion Won for the First Time - Hans Economy[Hans Economy = Reporter Choi Cheon-wook] Among the exchange-traded funds (ETFs) launched by Hanwha Asset Management, the 'PLUS K-Defense ETF' surpassed a total net asset value of 1 trillion won for the first time. According to Hanwha Asset Management and financial information company FnGuide on the 19th, the 'PLUS K-Defense ETF' exceeded 1 trillion won with a net asset value of 1.0417 trillion won as of the 16th. Since the beginning of the year, the net asset value has increased by 730.8 billion won, recording the second-highest increase in net assets among all domestic investment ETFs. Specifically, the 'PLUS K-Defense ETF' is the only domestic thematic ETF to surpass a net asset total of 1 trillion won this year. The performance backdrop includes regions such as Europe and the Middle East.
Hanwha Asset Management’s 'PLUS K Defense ETF' Surpasses 1 Trillion Won in Net Assets - Business PlusHanwha Asset Management (CEO Jong-ho Kim) announced on the 18th that the 'PLUS K Defense ETF (Exchange-Traded Fund)' has surpassed 1 trillion won in net assets. This is the first time an ETF introduced by Hanwha Asset Management has exceeded this amount. Despite the 'Korea Stock Escape' as a key topic during its listing, the strategic direction and consistent vision of Hanwha's theme selection proved successful. According to financial information provider FnGuide, the PLUS K Defense ETF reached 1.0417 trillion won in net assets as of the 16th, surpassing the 1 trillion mark, with an increase of 730.8 billion won in net assets since the beginning of the year. This is attributed to domestic investment.
Hanwha Asset Management's 'PLUS K Defense' Surpasses 1 Trillion KRW in Net Assets... Only Thematic Fund This Year - Financial NewsThe net asset value of Hanwha Asset Management's 'PLUS K Defense ETF' has surpassed 1 trillion KRW. Since the beginning of the year, the net assets of this product have increased by 730.8 billion KRW, marking the second-highest increase in net assets among domestic investment ETFs. This year, 'PLUS K Defense' is the only domestic thematic ETF to exceed 1 trillion KRW in net assets.