Hana Asset Management Launches 'Hana Re-Rating Korea' Target Conversion Type No. 4 Fund

All Previous Funds Achieved Target Returns Ahead of Schedule

Hana Asset Management announced on July 7 that it will launch the 'Hana Re-Rating Korea Target Conversion Type No. 4' fund, focusing on the potential for a revaluation of the domestic stock market.

All previous funds in this series—No. 1, No. 2, and No. 3—achieved their target return of 7% ahead of schedule. The Hana Re-Rating Korea Target Conversion Type No. 1 fund reached its target return in 20 trading days, No. 2 in 25 trading days, and No. 3 set a new record by achieving its target in just 19 trading days.

Building on these results, the newly introduced No. 4 fund will employ the same management strategy as the previous series, concentrating on identifying stocks with high potential for corporate value re-evaluation (re-rating) resulting from enhanced global competitiveness and improved governance among domestic companies.

The fund will invest in export-driven growth stocks with global competitiveness, such as those in the semiconductor value chain centered on Samsung Electronics and SK hynix, as well as in power equipment. It will also target companies expected to benefit from policy changes and those making active efforts to enhance shareholder returns and corporate value.

The target conversion return is set at 7%. If the cumulative base price of Class A reaches 1,070 won, all equity assets will be liquidated, and the fund will convert from a bond-mixed type to a bond type. After conversion, returns will be managed stably by focusing on domestic short-term bond ETFs and liquid assets.

A Hana Asset Management marketing representative explained, "In June, the domestic stock market experienced significant volatility due to factors outside of fundamentals, such as supply and demand," adding, "In July, with earnings season approaching, expectations for corporate performance are expected to increase," as the background for launching the product.

The Hana Re-Rating Korea Target Conversion Type No. 4 fund is available for subscription at IBK Investment & Securities, KB Kookmin Bank, Daishin Securities, Mirae Asset Securities, Samsung Life Insurance, Samsung Securities, Shinhan Investment & Securities, Yuanta Securities, KakaoBank, Hana Bank, Hana Securities, Korea Investment & Securities, and Kyobo Securities. Subscriptions will be accepted until July 15, with fund establishment scheduled for July 16. Subscription schedules may vary by distributor.

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