Hanwha Asset Management's K-BangsanFn ETF Surpasses 50 Billion KRW in Net Assets

Hanwha Asset Management announced on the 2nd that the net asset value of the ‘Hanwha ARIRANG K Defense Fn ETF,’ which was listed on January 5th, has surpassed 50 billion KRW. It took about seven months since its listing. According to Hanwha Asset Management, steady net purchases by individual investors have met the investment demand for the domestic defense industry.

The return since the listing of the ‘ARIRANG K Defense Fn ETF’ has reached 30.13%. Positive news regarding overseas orders of domestic defense companies, favorable earnings forecasts, and active government policy support contributed to this performance.

The ‘ARIRANG K Defense Fn ETF’ invests in 10 representative companies engaged in the defense industry among domestically listed companies. The main constituent stocks include ▲Hanwha Aerospace ▲Hyundai Rotem ▲Korea Aerospace Industries (KAI) ▲Hanwha ▲LIG Nex1 ▲Hanwha Systems ▲Poongsan ▲SNT Motiv ▲Genoco ▲FiberPro.

Kim Seong-hoon, Head of the ETF Business Division at Hanwha Asset Management, stated, “For domestic investors, the defense industry is now recognized as a representative export industry, similar to semiconductors. As the new Cold War intensifies, countries around the world continue to show strong interest in domestic defense companies, and expectations for diversification of export destinations such as Australia, the UK, and India are ongoing. Therefore, the growth trend of domestic defense companies is expected to continue.”

Starting with the ARIRANG K Defense ETF earlier this year, Hanwha Asset Management introduced the ARIRANG Solar & ESS ETF and the ARIRANG US Tech 10 Leverage ETF for the first time in Korea. Additionally, they have expanded investors’ options by listing various products linked to bonds and domestic and international interest rates. In the second half of this year, they plan to launch the US Treasury 30-Year ETF, which invests in long-term US bonds, and the Japan Semiconductor Materials & Components ETF, which is the first domestic ETF to invest in the Japanese semiconductor industry.

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