NH-Amundi, HANARO CAPEX Equipment Investment ETF Surpasses 50 Billion KRW in Net Assets

NH-Amundi Asset Management announced on the 26th that the HANARO CAPEX Equipment Investment ETF surpassed 50 billion KRW in net assets just six months after its listing.

CAPEX (Capital Expenditure) refers to the costs incurred to generate future profits, specifically the expenses a company incurs to acquire, upgrade, or maintain physical assets such as property and factories.

The HANARO CAPEX Equipment Investment ETF invests in companies expected to benefit from increased capital expenditures. This ETF tracks the iSelect CAPEX Equipment Investment Index and selects 20 stocks across five sectors related to capital investment (electric power, construction, machinery, wind power, nuclear power). As of September 25, major holdings include LS, Doosan Enerbility, Korea Electric Power Corporation (KEPCO), Doosan Bobcat, and LS ELECTRIC.

According to NH-Amundi Asset Management, with the recent expansion of artificial intelligence and cloud servers, as well as the spread of electric vehicles, power infrastructure investment is expected to increase in the future. They anticipate significant growth in domestic and international orders and sales for leading domestic power equipment companies, with expectations that this trend will continue long-term.

Kim Hyun-bin, Head of ETF Investment at NH-Amundi Asset Management, stated, “Companies are expected to continuously increase capital expenditures to keep pace with the rapidly changing business environment,” adding, “The HANARO CAPEX Equipment Investment ETF is the only domestic ETF investing in capital expenditures and will be a good investment tool.”

Meanwhile, HANARO ETF plans to expand its lineup of ETFs in the second half of the year, including bonds and global ETFs, following the listings of HANARO CAPEX Equipment Investment ETF, HANARO Global Generative AI Active ETF, and HANARO Global Semiconductor TOP10 ETF earlier this year.

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