Hanwha Asset Management's Hanwha K Manufacturing Core PLUS Fund Surpasses 100 Billion Won in Net Assets

On May 6, Hanwha Asset Management announced that the net asset value of the "Hanwha K Manufacturing Core PLUS Fund," which invests in key domestic manufacturing companies emerging as core partners in the restructuring of the U.S. manufacturing supply chain, has surpassed 100 billion won.

According to Korea Fund Ratings, as of May 4, the net asset value of the fund reached 123.4 billion won, marking this achievement just over a month since its launch on March 23.

This short-term capital inflow is seen as a reflection of investors' expectations that Korean companies with competitiveness in strategic manufacturing sectors—such as semiconductors, energy, defense, and shipbuilding—will benefit from the global supply chain changes led by the United States. The strategy of quickly identifying market shifts and commercializing them has translated into initial success for the product.

The Hanwha K Manufacturing Core PLUS Fund focuses its investments broadly on Korean manufacturing core sectors expected to benefit from changes in the global industrial order. This includes semiconductors and energy, which are essential to the artificial intelligence (AI) industry; defense and shipbuilding, which are national strategic industries; future growth engines such as space and robotics; critical minerals in the supply chain; and high-value-added sectors like biotech companies. The fund is characterized by its flexibility to dynamically adjust the allocation to promising stocks and industries, without being concentrated in any particular sector.

The fund’s investment structure is largely divided into two pillars: "AI Hard Power" and "National Strategic Industries." The AI Hard Power segment invests in semiconductors, energy storage systems (ESS), electrical equipment, and nuclear power—all expected to benefit from the data center supercycle and expansion of power infrastructure investment. The National Strategic Industries segment includes defense, robotics, and shipbuilding, which are anticipated to benefit from industrial security considerations amid the U.S. manufacturing restructuring. Major holdings include Samsung Electronics, SK hynix, Seojin System, Doosan, and Hanwha Aerospace.

The fund’s performance has also been strong. According to Hanwha Asset Management, as of May 4, the fund has delivered a return of 26.15% since inception.

Choi Youngjin, Vice President of Hanwha Asset Management, stated, "The new Cold War era will not be resolved in a day or two—it is expected to last for decades. Currently, Korea’s manufacturing sector is at the threshold of structural growth that goes beyond a mere economic cycle. The Hanwha K Manufacturing Core PLUS Fund quickly responds to these market shifts, capturing the structural competitiveness of Korean manufacturing and the potential benefits from global supply chain restructuring in one product."

This product is currently available through KB Kookmin Bank, Samsung Securities, Hanwha Investment & Securities, Kyobo Securities, and the PINE app.

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