Hana Asset Management's Four Major U.S. Index ETFs Surpass 1 Trillion Won in Total Net Assets

Hana Asset Management announced on June 2 that the combined net asset value (NAV) of its four exchange-traded funds (ETFs) investing in major U.S. indices has surpassed 1 trillion won.

According to the Korea Exchange, as of May 31, the combined NAV of Hana Asset Management's four major U.S. index ETFs totaled 1.0431 trillion won. Specifically, the 1Q US S&P 500 ETF recorded 308.9 billion won, the 1Q US Nasdaq 100 ETF had 181.3 billion won, the 1Q US S&P 500 US Treasury Hybrid 50 Active ETF marked 286 billion won, and the 1Q US Nasdaq 100 US Treasury Hybrid 50 Active ETF reached 266.9 billion won.

The 1Q US S&P 500 ETF tracks the S&P 500 index, which consists of 500 leading blue-chip stocks representing the U.S. market. The 1Q US Nasdaq 100 ETF follows the Nasdaq 100 index, made up of 100 leading sector stocks listed on the Nasdaq. Since listing, both products have maintained a steady inflow of capital and continue their growth trajectory. In addition, the two bond hybrid products, which combine U.S. major indices and U.S. Treasuries, have also rapidly increased their net assets.

The two bond hybrid ETFs are classified as "second-generation bond hybrid ETFs" that reflect the latest retirement pension supervisory regulations revised on November 16, 2023, allowing for up to 50% exposure to major U.S. indices. These products are categorized as low-risk investments within retirement pension accounts (DC, IRP) and personal pension accounts, where they may be allocated up to 100%. Retirement pension accounts, by regulation, may invest up to 70% of assets in stocks and other high-risk assets, with the remaining 30% or more required to be allocated to bonds, bond hybrid ETFs, or low-risk products such as deposit and savings accounts. Accordingly, by allocating second-generation bond hybrid ETFs within the non-risk asset limit and U.S. major index ETFs within the risk asset limit, investors can increase their overall portfolio exposure to U.S. major indices to as much as 85%.

In addition to the two U.S. major index bond hybrid ETFs, Hana Asset Management also offers a second-generation bond hybrid ETF lineup that includes the 1Q K-Semiconductor TOP2 Bond Hybrid, 1Q 200 Bond Hybrid 50 Active, and 1Q KOSDAQ 150 Bond Hybrid 50 Active.

Tae-woo Kim, CEO of Hana Asset Management, stated, "The convenience of real-time trading, low management fees, and portfolio transparency are driving the increasing use of ETFs by pension investors. We will continue to introduce products tailored to the portfolio needs of pension investors in the future."

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