Hana Asset Management said on the 30th that the "1Q U.S. S&P 500 U.S. Treasury Mix 50 Active" exchange-traded fund (ETF) has surpassed 100 billion won in net worth.
Surpassing 100 billion won came about five months after its listing on June 10. Compared with a first-generation S&P 500 bond-mix ETF (30% S&P 500 weight), which took more than two years to top 100 billion won, it shortened the timeline by about 1 year and 8 months (about 20 months). This reflects large-scale replacement demand from retirement pension investors who had been investing in principal-guaranteed products.
The product is the first ETF in Korea to invest 50% each in the U.S. benchmark index S&P 500 and U.S. short-term Treasurys, reflecting the latest revised retirement pension supervision regulations. Compared with a first-generation S&P 500 bond-mix ETF (30% S&P 500 weight), it is a second-generation bond-mix ETF with an S&P 500 weight about 1.7 times higher.
The 1Q U.S. S&P 500 U.S. Treasury Mix 50 Active ETF is scheduled to pay its first distribution of 54 won per share (about 0.47% market distribution rate) on Nov. 3.
This year, Hana Asset Management listed ▲ 1Q U.S. S&P 500 ▲ 1Q U.S. S&P 500 U.S. Treasury Mix 50 Active ▲ 1Q U.S. Nasdaq 100 ▲ 1Q U.S. Nasdaq 100 U.S. Treasury Mix 50 Active, completing a four-ETF U.S. benchmark index series for pension investors.
Chief Executive Kim Tae-woo said, "The 1Q U.S. S&P 500 U.S. Treasury Mix 50 Active ETF is optimized for pension investing in that a single investment can diversify across the U.S. benchmark index, U.S. short-term Treasurys, and even dollar assets."