Hanwha Asset Management said on the 7th that its 'Hanwha MAGA 2.0 Target Conversion' fund No. 3 achieved a target revenue of 7% just five months after its establishment.
The Hanwha MAGA 2.0 Target Conversion fund No. 3 recorded a cumulative revenue of 7.68% on the 4th. The established amount is 41.3 billion won. Due to the achievement of the target revenue, the fund will be transferred to bond assets, and early repayment will also be possible before the fund matures on March 17, 2026. The fund is a mixed bond fund that invests less than 40% in overseas stocks and more than 60% in bonds and bond-like collective investment securities.
The company explained that a differentiated stock management strategy has driven these results in the context of significant volatility in exchange rates and the stock market due to global tariff disputes.
Meanwhile, the 'MAGA' in the fund's name is an abbreviation for 'Make America Great Again,' the slogan of U.S. President Donald Trump. It signifies that the fund proactively responded during President Trump's second term.
It analyzed key policies such as ▲tariff policy and corporate tax cuts ▲regulatory relaxation ▲modernization of the power grid ▲and investment in industries directly affected by these benefits.
Choi Young-jin, Chief Marketing Officer (CMO) of Hanwha Asset Management, noted, 'We will continue to identify the flow of power that moves the world and contribute to increasing customer benefits.'