Kim Tae-woo, CEO of Hana Asset Management, "Launch of US S&P 500 ETF"... Differentiated Distribution Schedule

Hana Asset Management is making a full-scale push into the retirement pension market with distinctive exchange-traded funds (ETFs) and target date funds (TDFs).

On the 17th, Kim Tae-woo, CEO of Hana Asset Management, held a press conference for the 'Hana The Next TDF·1Q ETF' at the Conrad Hotel in Yeouido, Seoul, stating, "We will become a key product provider as a retirement pension operator."

Hana Financial Group fully incorporated Hana Asset Management in 2023 and has since undertaken rebranding and organizational restructuring. Kim, who served as CEO of Daol Asset Management from 2016 to 2023, was newly recruited as well.

CEO Kim emphasized, "The reason Hana Asset Management was able to establish a foundation for growth in a short period was due to the rapid supply of various products suited to the market and differentiated management strategies," adding, "This year, we will actively respond to changes in the global market and turn crises into opportunities to achieve greater growth."

Last year, Hana Asset Management launched the target date fund (TDF) ‘Hana The Next TDF,’ a core product in the retirement pension market. Since its launch, it has recorded top-tier returns in the industry, attracting investors’ attention. Kwon Jung-hoon, Chief Investment Officer (CIO) of the management division, said, "TDFs have become an essential product group in the retirement pension market," and added, "Hana The Next TDF will become an indispensable investment solution for pension operators, including Hana Financial Group, based on its excellent performance."

Hana Asset Management rebranded its ETF brand as '1Q ETF' last year and is actively expanding its ETF product lineup. It is the first domestic asset management company to establish ETF principles and consistently provide products for investors. Kim Seung-hyun, head of the ETF/Quant Solutions division, explained, "Through Hana Asset Management’s 1Q ETF principles, we will grow together with customers as a trusted investment partner," and added, "We will focus on providing differentiated investment opportunities through the 1Q investment principles of 'Trust, Differentiation, and Pension.'"

They introduced the '1Q US S&P500 ETF,' which will be listed on the 18th. Compared to other domestically listed S&P500 ETFs, it plans to rapidly increase net assets by offering a differentiated distribution schedule (mid-month distributions in March, June, September, and December), the lowest par value (approximately 10,000 KRW), and competitive total fees (0.0055%).

To commemorate the launch of the ‘1Q US S&P500 ETF,’ Hana Asset Management is holding a listing event for purchasing customers. The event runs until April 17, 2025, and participants must purchase at least 10 shares of the 1Q US S&P500 ETF and verify their purchase. Prizes such as Bithumb vouchers, which can be used to buy Bitcoin, Ethereum, and other cryptocurrencies, will be awarded through a lottery.