Hana Securities Launches N Carry Lab... Simultaneous Investment in Yen and U.S. Treasury Bonds
Hana Securities announced on the 29th that it has newly launched the 'Yen Carry Lab,' a product that allows simultaneous investment in the Japanese yen and U.S. Treasury bonds.
The Yen Carry Lab is a product that invests in U.S. Treasury bond exchange-traded funds (ETFs) listed on the Japanese stock market using Japanese yen. It offers the potential to earn interest income from U.S. Treasury bonds and capital gains from bond price appreciation due to future interest rate declines. Additionally, due to the prolonged weak yen trend, there is heightened interest in investing in the yen, and investors can also expect yen arbitrage opportunities arising from the Bank of Japan's monetary policy shift.
The Yen Carry Lab is available in two types: the basic type and the upfront fee type. The minimum subscription amount is 10 million KRW, and the contract period is one year by default, automatically renewing annually if not terminated at maturity. The fees for the product are an annual 1% trailing commission for the basic type, and for the upfront fee type, a 0.7% upfront fee plus a 0.5% annual trailing commission. Early termination within one year is possible, but only the upfront fee type incurs an early termination fee.
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Chul-Young Ahn, Head of Lab Management at Hana Securities, explained, "Now is the time to invest with balance in the global financial markets," adding, "The Yen Carry Lab, which combines the highly attractive yen and U.S. Treasury bonds, is a product that will satisfy the diverse investment needs of various customers."
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