Hanwha Global Untact Fund Surpasses 10 Billion KRW in Assets Under Management Just 2 Months After Launch

[Asia Economy Reporter Eunmo Koo] Hanwha Asset Management announced on the 14th that the ‘Hanwha Global Untact Fund’ surpassed 10 billion KRW in assets under management just two months after its launch.

The Hanwha Global Untact Fund invests in ▲online consumption ▲data infrastructure ▲healthcare sectors and is composed of eight sub-themes including media and mobility, cloud computing, 5G, online medical services, medical devices, and systems.

Launched on June 1, the 'Hanwha Global Untact Securities Investment Trust (H) (Stock) S' recorded a 12.95% return since inception. This performance outperformed the KOSPI return of 4.50% during the same period. To differentiate fund management, Hanwha Asset Management leverages the synergy of its global equity management headquarters in Korea along with overseas local subsidiaries in the U.S., China, and Singapore to continuously monitor global companies and reflect them in the portfolio.

Park Sung-geol, Manager of the Global Equity Business Headquarters, stated, “Untact will continue to become a familiar lifestyle, so investment in related companies is essential,” adding, “This fund offers an opportunity for long-term diversified investment in various global untact companies and will be an attractive investment destination to buy into long-term growth industries at a low price.”

The Hanwha Global Untact Fund is available at Hanwha Investment & Securities, Hanwha Life Insurance, Gwangju Bank, Jeonbuk Bank, Korea Post Securities, Korea Investment & Securities, Mirae Asset Daewoo, Kiwoom Securities, NH Investment & Securities, Hana Financial Investment, Shinhan Financial Investment nationwide branches and online homepage.