Hanwha Asset Management, 'Hanwha Heracles Advanced Country Active'... "Outperforming S&P 500 Returns"

Hanwha Asset Management announced on the 28th that the 'Hanwha Hercules Developed Countries Active' fund has risen 34% in just over 10 months since its inception on May 8 last year. The Hanwha Hercules Developed Countries Active is an active fund that invests in high-quality stocks in developed countries without being biased toward any specific theme.

According to Korea Fund Evaluation Fund Square, the 'Hanwha Hercules Developed Countries Active [Class A](UH)' recorded a return of 33.92% (C-e class, as of March 26) since its inception on May 8 last year, outperforming the S&P 500's increase of 25.75% during the same period. By period, it showed returns of 14.62% over the past 3 months and 23.02% over 6 months.

A representative stock that has been held since the early days of the fund and provided the greatest benefit is Meta (META). In 2022, Meta experienced a stock price decline of about 76% from its peak. However, starting from the second quarter of 2023, its ability to generate cash flow and profits began to improve significantly by utilizing AI (artificial intelligence).

The fund positively evaluated Meta in terms of IVA (Investment Value Added), such as maximizing business model efficiency and strengthening market dominance, and purchased it in May 2023 when the stock price was around $245. Currently, Meta's stock price has surpassed $500, more than doubling compared to the fund's purchase price.

The 'Hanwha Hercules Developed Countries Active' selects companies based on △ multi-factor analysis △ investment value added △ cash flow generation ability △ fair value calculation. Among these, 20 to 30 stocks with low correlation are selected and invested in similar proportions, and portfolio volatility is managed through tactical rebalancing.

Investment value added is an indicator that examines how much facility investment and intangible asset investment (such as intellectual property purchases and talent acquisition) actually increase corporate value. The fund's lead portfolio manager predicts and discovers companies ready to enhance corporate value based on investment value added. Additionally, through cash flow generation ability analysis, it determines whether the company's business model has reached a stable trajectory.

Wang Seungmook, lead portfolio manager of Hanwha Asset Management's overseas equity management team, said, "The Hercules Developed Countries Active fund operates by strictly adhering to a step-by-step process designed to select companies with excellent fundamentals and attractive valuations without being biased toward any specific theme." He added, "We focus on managing the fund so that customers can comfortably entrust their funds by applying a reasonable investment process."

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