Shinhan Asset Management Unveils Mid- to Long-Term Growth Strategy with "SOL ETF 2.0"

SOL US Next Tech TOP10 Active ETF to Launch at the End of This Month
SOL ETF Achieves 10 Trillion Won in AUM in Record Time in the Industry

Shinhan Asset Management, which surpassed 10 trillion won in assets under management (AUM) just four years after entering the exchange-traded fund (ETF) market, has unveiled its mid- to long-term core growth strategy under the banner of 'SOL ETF 2.0'. Marking the launch of 'SOL ETF 2.0', the company will introduce a new flagship index product, the 'SOL US Next Tech TOP10 Active ETF', designed for long-term investment by pension investors, at the end of this month.

On October 15, Shinhan Asset Management held a press conference at the TP Tower in Yeouido to celebrate achieving 10 trillion won in AUM for 'SOL ETF' in the shortest period in the industry and to reflect on its achievements over the past four years.

Jo Jaemin, CEO of Shinhan Asset Management, stated in his opening remarks, "Reaching 250 trillion won in ETF assets is not just a matter of scale; it demonstrates that the nation's assets are shifting in earnest from deposits to investment products. In particular, as a self-directed investment culture takes root, we will continue to provide differentiated products so that SOL ETF can play a key role in helping investors grow their assets."

Shinhan Asset Management made its full-scale entry into the domestic ETF market in September 2021 by listing the 'SOL US S&P500 ESG' ETF. Although a latecomer, SOL ETF quickly established itself as a trendsetter by anticipating market trends and leveraging strong product planning and competitiveness.

In June 2022, Shinhan Asset Management laid the foundation for the monthly dividend market by launching the first monthly dividend ETF in Korea, the 'SOL US S&P500'. Since then, the company has introduced a series of innovative products, such as the 'SobuJang ETF Series', the 'US AI ETF Series', and the 'SOL Shipbuilding TOP3 Plus', which has grown into a mega-sized ETF with 1.7 trillion won in assets, attracting significant attention from investors.

These efforts have translated into investor trust, resulting in a steep growth curve for SOL ETF. Its AUM, which stood at 594.8 billion won at the end of 2021, soared to 10.7 trillion won in just four years, joining the so-called '10 trillion club'. Over the past three years, SOL ETF has maintained an annual growth rate exceeding 100%,

with a compound annual growth rate (CAGR) of 106%, the highest among major domestic ETF managers during this period.

Kim Jeong-Hyun, Head of ETF Business at Shinhan Asset Management, is explaining the strengths of the 'SOL ETF'.

Kim Jeonghyun, Head of ETF Business at Shinhan Asset Management, explained, "The strength of SOL ETF lies in providing efficient investment solutions based on industry growth stories and corporate performance. We have maintained healthy growth by building a balanced portfolio across domestic equities, overseas equities, and bonds as underlying assets."

He added, "It is significant that the newly listed products, such as 'SOL US Quantum Computing TOP10', 'SOL US AI Series', and 'SOL US Nuclear SMR', have all delivered top-tier returns in the industry, earning strong recognition for their competitiveness among investors."

Building on the milestone of surpassing 10 trillion won in AUM, Shinhan Asset Management SOL ETF is now aiming to become a leading ETF manager. The company has identified AI, virtual assets, and pensions as its core growth strategies and believes that the ETF market is entering a new phase of growth at this inflection point of major changes.

Kim emphasized, "AI and virtual assets are paradigms that will transform not only industrial structures but also all aspects of life. As the world undergoes limitless change, market opportunities will expand explosively. Helping investors proactively capture these changes is the new journey and core goal of 'SOL ETF 2.0'."

To express gratitude to investors who have grown alongside SOL ETF, Shinhan Asset Management is holding both the '10/10 Challenge Event' and a special event for SOL ETF purchase certification. The event period runs from Tuesday, October 14 to Friday, October 31, with prizes scheduled to be awarded on Friday, November 14. Detailed information about the events and prizes can be found on the official SOL ETF social media channels, including YouTube and the company blog.