1Q Money Market Active ETF Surpasses 1 Trillion KRW in Net Assets

Hana Asset Management announced on May 14 that the net assets of its '1Q Money Market Active' ETF have surpassed 1 trillion KRW.

Since its listing in April last year, the ETF has rapidly grown to reach 1.0384 trillion KRW in just one year and one month. Hana Asset Management has become the fifth asset management company in Korea to have an ETF with net assets exceeding 1 trillion KRW.

The rapid growth in net assets is attributed to both strong performance and increased demand for parking-type ETFs due to heightened stock market volatility. Hana Asset Management's '1Q Money Market Active ETF' recorded the highest one-year return among domestically listed money market ETFs over the past year. During the same period, the average return of the three money market ETFs that have been listed for over a year was 3.69%.

Industry experts attribute the strong returns to Hana Asset Management's expertise in short-term bond management, which has secured a leading position in the MMF market, as well as its active management capabilities.

Since January this year, Hana Asset Management has newly listed the 1Q US Dividend 30, 1Q Comprehensive Bond (AA- or higher) Active, and 1Q US S&P500 ETFs, achieving over 2 trillion KRW in total ETF net assets. The 1Q US S&P500 ETF surpassed 50 billion KRW in net assets in the shortest period among domestic ETFs tracking the same index, thanks to its differentiated distribution schedule and the lowest management fees.

The net assets of Hana Asset Management's 1Q ETFs grew by 248% last year and have continued to grow by 54% since the beginning of this year. This is the fastest growth among all ETF management companies. Its ETF net asset ranking has risen by one notch from ninth at the beginning of the year to eighth.

Kim Taewoo, CEO of Hana Asset Management, stated, "1Q ETFs will continue to grow together with our clients as a trusted investment partner," adding, "We will focus on providing differentiated investment opportunities."

Hana Asset Management will hold a customer appreciation event to celebrate the 1 trillion KRW milestone in net assets for the 1Q Money Market Active ETF until June 13. In the 1Q ETF purchase certification event, customers who newly purchase 1Q ETFs worth at least 100,000 KRW and provide proof of purchase will be entered into a drawing to win prizes such as chicken.

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