Shinhan Asset Management's 'SOL Shipbuilding TOP3 Plus Leverage' ETF Records Rapid Growth
Shinhan Asset Management's 'SOL Shipbuilding TOP3 Plus Leverage ETF' has quickly surpassed 150 billion KRW in net assets just three weeks after its launch. This ETF invests in major Korean shipbuilders and related companies, tracking the FnGuide Shipbuilding TOP3 Plus Index with a leveraged strategy that promises twice the daily returns. Since its debut, it has yielded an impressive 50% return, attracting significant investor interest, accumulating net individual investor purchases of 47 billion KRW.
The robust growth prospects of the shipbuilding sector, bolstered by the recent 'MASGA Project' with the United States and HD Hyundai Heavy Industries' contract with the U.S. Navy for MRO services, are driving this positive momentum. Shinhan Asset Management emphasizes that due to the anticipated growth in shipbuilding and initiatives like the MASGA Project, this ETF presents a viable investment strategy. Given the structural growth phase of the shipbuilding industry, leveraging ETF volatility offers promising trading opportunities.
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Shinhan Operations SOL Shipbuilding TOP3 Plus Leverage, Achieves Success with 'MASGA' - Metro NewspaperShinhan Asset Management's shipbuilding-related Exchange Traded Funds (ETFs) are showing results in a short period. Shinhan Asset Management's 'SOL Shipbuilding TOP3 Plus Leverage ETF', listed on the 15th of last month, has achieved approximately a 50% return within three weeks of listing, ranking first in terms of earnings among domestic listed ETFs during the same period.
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"Shipbuilding Industry Supercycle"…SOL Shipbuilding TOP3 Plus Leverage Surpasses 150 Billion KRW - Yonhap InfomaxAs the domestic shipbuilding industry benefits from performance and policy advantages, funds are flocking to leveraged ETFs in the shipbuilding sector. Shinhan Asset Management announced on the 8th that the net assets of the 'SOL Shipbuilding TOP3 Plus Leverage ETF' surpassed 150 billion KRW. This achievement comes just 3 weeks after its listing on July 15. This product follows the same underlying index as the 'SOL Shipbuilding TOP3 Plus ETF'. It is a leveraged product that invests in the entire value chain of the shipbuilding industry, including the three representative domestic shipbuilding companies—HD Hyundai Heavy Industries, Samsung Heavy Industries, and Hanwha Ocean—while tracking the same index at double leverage. Since its listing, the net purchase amount by individual investors has reached 47 billion KRW.
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Shinhan Asset's 'SOL Shipbuilding TOP3 Plus Leverage' Surpasses 150 Billion Won in Net Assets - DailianShinhan Asset Management's 'SOL Shipbuilding TOP3 Plus Leverage', the first shipbuilding leverage ETF in Korea, surpassed 150 billion won in net assets within just three weeks of listing. According to the Korea Exchange on the 8th, as of the previous day (7th), the net assets of 'SOL Shipbuilding TOP3 Plus Leverage' amounted to 155.3 billion won. This achievement comes just three weeks after it was listed on the market on the 15th of last month. The net buy-in from individual investors amounts to 47 billion won.
Shinhan Asset Management, 'SOL Korea TOP3 Plus Leverage' Surpasses 150 Billion KRW in Net Assets - Seoul EconomySecurities > Policy News: Shinhan Asset Management announced on the 8th that the 'SOL Korea TOP3 Plus Leverage Exchange Traded Fund (ETF)' surpassed 150 billion KRW in net assets just three weeks after its listing...
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Shinhan Asset Management 'SOL Shipbuilding TOP3 Plus Leverage, Surpasses Net Assets of 150 Billion KRW' - EdailyShinhan Asset Management announced on the 8th that the 'SOL Shipbuilding TOP3 Plus Leverage ETF' surpassed net assets of 150 billion KRW after listing. According to Shinhan, the ETF, which was listed on July 15, has net purchases from individual investors amounting to 47 billion KRW. The performance is also solid.
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