NH Amundi Asset Management Launches Bond-Mixed '100-Year Company Green Korea 30 Fund'

[Asia Economy Reporter Minji Lee] NH-Amundi Asset Management announced on the 28th that it has launched the ‘NH-Amundi 100-Year Company Green Korea 30 Fund,’ which combines a traditional domestic ESG (Environmental, Social, Governance) investment strategy with high-quality bonds.

This newly launched fund is a bond-mixed fund that adds a high-quality bond investment strategy to the investment strategy of the ‘NH-Amundi 100-Year Company Green Korea Equity Fund,’ which created a huge sensation last year. Celebrating the 60th anniversary of NongHyup’s founding, the fund reflects NongHyup’s characteristics of prioritizing green (environment) and social responsibility, while also incorporating the stability of bonds, and the risk rating has been lowered to grade 4.

The NH-Amundi 100-Year Company Green Korea 30 Fund invests no more than 30% of its assets in equities and is managed with the same investment strategy as an equity fund. For bonds, it invests in government bonds, local bonds, special bonds, and high-quality bonds with good credit ratings. By simultaneously investing in domestic stocks expected to benefit from the Korean New Deal policy, discovered through ESG investment techniques, and high-quality bonds, the fund plans to pursue excess returns compared to the market based on stable interest income. The fund can be subscribed to through NH NongHyup Bank and NH Investment & Securities nationwide branches or their websites, with plans to gradually expand the number of distributors.

Park Hak-joo, CEO of NH-Amundi Asset Management, stated, “The 100-Year Company Green Korea Equity Fund has grown into a leading domestic ESG fund, with sales close to 450 billion KRW. We will devote ourselves to management so that more customers can enjoy the growth of ESG, which has become an essential factor for the sustainable survival of companies.”

Meanwhile, NH-Amundi Asset Management is strengthening its ESG product lineup as part of NongHyup Financial’s ESG strategy. Since April, it has consecutively launched HANARO ETFs that invest in ESG themes such as the ‘Global Hydrogen Value Chain Fund,’ electric & hydrogen vehicles, eco-friendly energy, carbon-efficient Green New Deal, and K-New Deal Digital Plus.

This content was produced with the assistance of AI translation services.