ETC and Hanwha launch KDEF ETF, connecting U.S. investors to South Korea's innovative defense industry.
Exchange Traded Concepts (ETC), a leader in providing innovative ETF solutions, has announced the U.S. launch of Hanwha Asset Management’s PLUS Korea Defense Industry Index ETF (KDEF). KDEF is designed to offer exposure to Korea’s advanced defense sector, closely aligning with the PLUS K-Defense Fund in Korea by leveraging similar methodologies to provide seamless access for U.S. investors.
The KDEF ETF seeks to track the performance of companies driving Korea’s defense innovations. The fund focuses on a carefully curated index of firms engaged in defense manufacturing, technology, and services critical to national security and global competitiveness.
"We are elated to partner with Hanwha Asset Management to bring the PLUS Korea Defense Industry Index ETF (KDEF) to the U.S. market,” says J. Garrett Stevens CEO of Exchange Traded Concepts. "This launch represents an exciting expansion of Hanwha’s Plus K-Defense ETF in the U.S. We are committed to helping innovative investment strategies reach new investors, and we’re proud to support the introduction of KDEF.”
"We are enthusiastic to introduce the PLUS Korea Defense Industry Index ETF (KDEF) to the U.S. market. Expanding on the foundation of our Plus K-Defense ETF listed in Korea, this launch represents an opportunity to provide U.S. investors with exposure to Korea’s defense industry. We appreciate the support of Exchange Traded Concepts in bringing this ETF to the NYSE Arca”, says Hanwha CEO, Kim Jong-ho.
About Exchange Traded Concepts (ETC)
Exchange Traded Concepts is an SEC-registered independent investment adviser that specializes in white-label ETFs and offers ETF services spanning ETF-in-a-Box and sub-advisory to fund marketing and consulting. ETC provides the trust, board, and decades of experience to offer asset managers (hedge, SMAs, mutual) and others an efficient, cost-effective means to leverage the benefits of the ETF wrapper. Learn more at exchangetradedconcepts.com.
About Hanwha Asset Management
Hanwha Asset Management is a leading asset management firm in Korea, offering a comprehensive range of investment products across equities, fixed income, alternatives, and multi-asset strategies in both domestic and global markets. Guided by a customer-first philosophy, they are committed to delivering innovative investment solutions backed by best-in-class expertise, rigorous research, and robust risk management. In addition to fund management, their capabilities extend to product development, compliance, and market analysis, ensuring a comprehensive approach to asset management.
KDEF is now listed on the NYSE Arca and available for trading. For more information, visit plusetf.com.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call 1-855-900-0030 or visit our website at www.plusetf.com. Read the prospectus or summary prospectus carefully before investing.
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