Hanwha Asset Management, a South Korea-based fund manager, said on August 4 that it would list the PLUS SK Hynix SanDisk Bond Hybrid 50 exchange-traded fund, with 25% each in SK Hynix and SanDisk, and the remaining 50% in nine government bond issues.

The firm said the ETF is designed to give retirement pension investors exposure to memory semiconductor stocks while reducing volatility through bond holdings.

Under South Korea’s retirement pension rules, Hanwha said the ETF is classified as a non-risk asset, meaning it is not subject to risk-asset investment limits in defined contribution and individual retirement pension accounts.

Hanwha added that because the ETF includes overseas assets, investments through pension accounts are tax-deferred, with lower tax rates applying when pension benefits are later received.

The company said it built the product around expected demand for high-bandwidth memory, dynamic random-access memory, NAND flash, and enterprise solid-state drives as AI inference and AI agents become more widespread.

🔗 Source: Chosun Daily