PLUS 200 ETF Surpasses 1 Trillion Won in Net Assets

Hanwha Asset Management announced on the 28th that the net asset value (NAV) of its 'PLUS 200' exchange-traded fund (ETF) has surpassed 1 trillion won.

According to the Korea Exchange, as of the 27th, the PLUS 200 ETF recorded a net asset value of 1.0868 trillion won. This achievement is attributed to the strong performance of the KOSPI, which has been setting new record highs in recent days, as well as the growing preference among investors.

This marks the third ETF from Hanwha Asset Management to exceed 1 trillion won in net assets. In June of this year, both the 'PLUS K-Defense ETF' and the 'PLUS High Dividend ETF' sequentially surpassed the 1 trillion won mark. This is the result of focusing on 'the power that moves the world' and introducing differentiated products.

The PLUS 200 ETF boasts the lowest management fee among KOSPI200-tracking ETFs in the industry. The total fee is 0.017% per annum, the lowest among KOSPI200 ETFs. The total expense ratio (TER), which includes other costs in addition to the management fee, is also the lowest at 0.0374%.

Based on ample liquidity, the PLUS 200 ETF maintains tight bid-ask spreads, enabling investors to execute trades immediately at their desired price and timing. This structure is considered a key factor in enhancing investors' actual returns by reducing unnecessary costs that may arise during the trading process.

As of the 24th, the PLUS 200 ETF's period returns based on NAV are as follows: 14.6% over the past month, 63% over six months, 60.3% over one year, 88.4% over three years, and 72.7% year-to-date.

The PLUS 200 ETF tracks the KOSPI200 index, which is composed of 200 leading South Korean companies such as Samsung Electronics and SK Hynix. It is a product that allows broad investment in the overall growth of the domestic stock market. The ETF is attracting attention as an efficient option for both novice and long-term investors who wish to participate in the growth of the Korean stock market without the challenge of selecting individual stocks.

Choi Youngjin, Chief Marketing Officer (CMO) of Hanwha Asset Management, explained, "Institutional improvements such as the three rounds of Commercial Act amendments and the introduction of separate taxation on dividend income, along with improved earnings from export companies such as those in the semiconductor sector, are occurring simultaneously." He added, "There is ample room for further KOSPI gains. If you are considering investing in a KOSPI200 ETF, I recommend PLUS 200 for its abundant liquidity, high trading convenience, and the lowest transaction costs in the industry."

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