Hanwha Asset Management Lists Currency-Exposed ‘ARIRANG US S&P500’ ETF

[Asia Economy Reporter Hwang Yoon-joo] Hanwha Asset Management announced on the 31st that it has listed the 'ARIRANG US S&P500' Exchange-Traded Fund (ETF) on the Korea Exchange.

Hanwha Asset Management was the first in the domestic ETF industry to list a currency-hedged S&P500 ETF investing in spot assets in 2017. This time, considering investor preferences for currency strategies in overseas equity ETFs, it is launching a currency-exposed structure.

Currency hedging refers to a transaction method that fixes the future exchange rate at the current exchange rate, while currency exposure means being directly exposed to exchange rate fluctuations. In a strong dollar environment, choosing a currency-exposed product can lead to expected currency gains.

For the 'ARIRANG US S&P500', currency-hedged products are marked with (H) in the product name, while the newly launched currency-exposed product has no separate marking.

Additionally, Hanwha Asset Management plans to launch the ‘TDF Active’ ETF next month. Compared to general TDF funds, it aims to expand investors' choices through lower fees, trading convenience, and the advantages of an active ETF.

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