NH-Amundi Asset Management, Global Aerospace Fund's Net Assets Surpass 100 Billion KRW

NH-Amundi Asset Management announced on the 7th that its Global Aerospace Fund has surpassed 100 billion KRW in net assets.

According to Shinhan Fund Partners, as of December 31 last year, the net assets of the Global Aerospace Fund amounted to 106.9 billion KRW. The net assets increased by approximately 100 billion KRW in just one year.

The fund's returns are also excellent. As of December 31 last year, the return since inception reached 78.64%. The fund size grew more than tenfold last year, reaching 62.4 billion KRW.

The global space industry is expected to grow to 1.4 trillion USD by 2030. While governments previously led the space industry, private companies are now taking the lead, rapidly expanding the sector.

NH-Amundi Asset Management's Global Aerospace Fund employs a systematic investment strategy using big data analysis to select aerospace companies with outstanding technological capabilities. Major holdings include key domestic and international aerospace companies such as Rolls-Royce Holdings, Airbus, and Hanwha Aerospace.

Jinho Park, Head of Equity Management at NH-Amundi Asset Management, stated, "As the growth of the private space industry begins in earnest, the Global Aerospace Fund will be an effective investment destination."