NH Amundi Asset Management to List 2 ETFs Including HANARO Fn Golf Theme ETF on 24th

The Only Domestic Golf-Themed Investment ETF
Investing in the Rapidly Growing Golf Industry

[Asia Economy Reporter Minji Lee] NH-Amundi Asset Management announced on the 22nd that it will list the HANARO Fn Golf Theme ETF and HANARO 200 Top10 ETF on the 24th.

The HANARO Fn Golf Theme ETF tracks the FnGuide Golf Theme Index. It is a product that allows investment in the rapidly growing golf industry, alongside the increase in the golf population and the rising popularity of golf. According to the Korea Golf Course Management Association, the number of golf course users in Korea increased from 3.5 million in 2015 to 4.7 million in 2020, and related golf courses, screen golf centers, and golf equipment markets have also shown rapid concurrent growth. In particular, the significant influx of the MZ generation into the golf population is expected to become a growth engine for the golf industry in the future. As of the 29th of last month, the top constituents of the underlying index include Kakao Games (14%), Kolon Industries (13%), E-Mart (10%), Kakao (9%), and Golfzon (8%).

The HANARO 200 Top 10 ETF tracks the KOSPI 200 Top 10 Index announced by the Korea Exchange. It is an index composed of the top 10 stocks by market capitalization among the KOSPI 200 constituent stocks that are also listed in the stock futures market, equally weighted. This product allows concentrated investment in the most representative blue-chip stocks and sectors of the Korean stock market. By industry, it consists of Electric & Electronics (31%), Transportation Equipment (29%), Services (21%), Chemicals (11%), and Pharmaceuticals (8%). The stocks included are Samsung SDI, NAVER, LG Chem, Kia, Kakao, Hyundai Motor, Hyundai Mobis, Samsung Electronics, SK Hynix, and Celltrion.

Seungcheol Kim, Head of the Passive Solutions Division at NH-Amundi Asset Management, said, “As the number of golf enthusiasts greatly increases, steady growth in related industries is expected,” and added, “When you want to compress your portfolio into core large-cap blue-chip stocks, the HANARO 200 Top 10 ETF will be the best alternative.”