The asset manager aims to cover the Korean beauty value chain via KBTY, from brands and ODMs to retail and distribution networks and medical aesthetics.
Pasadena, California-based Guinness Atkinson Asset Management has launched the Guinness Atkinson K-Beauty ETF (KBTY). The fund seeks to gain exposure to South Korea’s beauty sector, which the firm describes as moving from a viral global trend into a major export industry. Korean beauty is no longer just a niche internet phenomenon - Valerie Huang, Guinness Atkinson Funds The fund carries an expense ratio of 0.55 per cent. KBTY aims to provide targeted exposure to companies across