The fund targets South Korean companies with relevance to sectors such as semiconductors, batteries, defence and energy infrastructure.
White label exchange-traded fund (ETF) provider Exchange Traded Concepts (ETC) has launched the Hanwha Asset Management’s Plus Korea Manufacturing Core Alliance Index ETF, trading under the ticker KMCA on NYSE Arca. The ETF tracks an index that focuses on South Korean companies Hanwha Asset Management operates across equities, fixed income, alternatives and multi-asset strategies, offering products in both domestic and global markets. ETC noted that the ETF tracks an index