Growth and Strategy in Defense and Space Technology ETFs
Amid growing interest in defense and space technology-related ETFs, Korea Investment Management is targeting older asset holders with its 'Korea Investment Global Space Technology & Defense Fund.' This fund has achieved a notable 25.16% yield this year, and the defense industry is projected to grow over the next 3 to 5 years. The agreement among NATO members to increase defense spending to 5% of GDP by 2035 is seen as a favorable factor for future profitability in the defense sector.
Meanwhile, Mirae Asset's ETF subsidiary, Global X Europe, has achieved a significant milestone by reaching ₩5.6 trillion in total assets under management within five years of entering the European market. With an impressive average annual growth rate of 138.3% over the past three years, their localized strategy, including increasing the proportion of European defense ETFs, has been a key success factor. This achievement demonstrates the importance of investment strategies tailored to regional characteristics in the European market.
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Mirae Asset Management Surpasses 5 Trillion Won in European ETF Net Assets - Maeil Business NewspaperAn average annual growth of 138% over the past 3 yearsFind localized strategies and innovative themesETF with increased European defense share becomes popular
Hanwha Investment & Securities Focuses on 'Funds' Instead of Defense ETFs - Cookie NewsAs defense industry ETFs heated up the stock market this year, domestic asset management companies scrambled to launch defense ETFs. Amidst this, Hanwha Investment & Securities has focused on funds instead of ETFs.