Hana Asset Management's '1Q 200 Active' ETF Surpasses 400 Billion Won in Net Assets
Hana Asset Management announced on May 11 that the net asset value of its '1Q 200 Active' Exchange Traded Fund (ETF) has surpassed 400 billion won.
According to the Korea Exchange on this day, the total net assets of the 1Q 200 Active ETF stood at approximately 403.1 billion won. A representative from Hana Asset Management explained, "Since the total annual fee for this ETF was reduced to 0.01% on December 30 last year, the growth of its net assets has accelerated further," adding, "This growth has been driven by net purchases from individual and pension investors."
The 1Q 200 Active ETF tracks the KOSPI 200 Index while combining various management strategies to pursue outperformance relative to the index. It includes top market capitalization stocks such as Samsung Electronics, SK hynix, Hyundai Motor, and SK Square.
Buoyed by the strong performance of the domestic stock market, this product rose by 94.99% last year and has recorded a year-to-date return of 90.60% as of early this year.
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Tae-Woo Kim, CEO of Hana Asset Management, stated, "As we enter the KOSPI 7000 era, it is highly significant that both individual and pension investors are expanding their interest in the 1Q 200 Active ETF, which reflects the growth potential of the Korean economy." He added, "With the domestic stock market's upward momentum continuing, demand for ETFs that allow investors to participate in the market efficiently is expected to grow even further."
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