Hana Asset’s Nasdaq 100 Bond Mix ETF Surpasses KRW 5.5 Billion in Individual Net Purchases, Fastest Growth for a Bond Hybrid ETF in Korea
Seoul, South Korea – Hana Asset Management’s 1Q U.S. Nasdaq 100 U.S. Bond Mixed 50 Active ETF has achieved KRW 5.5 billion in individual net purchases since its listing last month, marking the highest initial inflow for any domestically listed bond hybrid ETF in Korean history. The fund’s structure allows retirement pension (DC/IRP) account holders to effectively increase their exposure to the Nasdaq 100 index, potentially boosting returns within regulatory limits.
The 1Q U.S. Nasdaq 100 U.S. bond Mixed 50 Active ETF is designed to navigate South Korean retirement pension regulations, which restrict risky asset allocation to 70% of a portfolio and limit safe asset investments - including deposits, bonds, and bond mixed funds – to 30%. By allocating to both the 1Q U.S. Nasdaq 100 U.S. Bond Mixed 50 Active within the 30% safe asset portion and the 1Q U.S.Nasdaq 100 ETF within the 70% risky asset portion, investors can achieve up to 85% Nasdaq 100 exposure.
The ETF boasts the lowest total expense ratio among Korean bond mixed ETFs at 0.05% per annum, making it especially attractive for long-term retirement savings.This strategy aligns with Hana Asset Management’s broader effort to provide low-cost U.S. index ETFs for pension investors, including the 1Q U.S. S&P 500, 1Q U.S. S&P 500 U.S. Bond Mixed 50 active, and 1Q U.S. Nasdaq 100.
Notably, the 1Q U.S. S&P 500 U.S. Bond Mixed 50 Active previously became the first second-generation S&P 500 bond blend ETF to exceed KRW 50 billion in net assets.
“1Q US Nasdaq 100 US Treasury Bond Mix 50 is a product optimized for pension investment in that it can be diversified into US tech and US short-term government bonds with a single investment,” stated Kim Tae-woo, CEO of hana Asset Management. He further emphasized the firm’s commitment to maintaining the lowest industry compensation levels across its four representative U.S. index ETFs to maximize long-term returns.
