Shinhan Investment Corp Launches Investment Fund for Domestic and International Electric Vehicle and Battery Manufacturers
[Asia Economy Reporter Minwoo Lee] Shinhan Financial Investment has launched a fund that invests in domestic and international electric vehicle, parts, and battery manufacturing companies.
Shinhan Financial Investment announced on the 31st that it will sell the 'Korea Investment Global Electric Vehicle & Battery Fund.' This product focuses on mobility innovations such as autonomous driving and car-sharing, which are growing around electric vehicles. The main investment targets are domestic and international electric vehicle, parts, and battery manufacturers, as well as companies possessing autonomous driving technology.
The fund secures a wide range of mobility-related stocks including electric vehicles, autonomous driving, car-sharing, and hydrogen vehicles, then invests after reviewing various factors such as market capitalization, financial statement stability, and listing status. It is characterized by not only relying on quantitative investment decisions but also understanding new market trends and their relevance to the mobility market.
The total fee is 2.068% annually, and there is no redemption fee for Class C. Investment losses may occur due to fluctuations in the prices of investment assets and exchange rates. Detailed information is available on the Shinhan Financial Investment website, Shinhan Alpha Mobile Trading System (MTS), and nearby branches.
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