Monday, April 24, 2017

Hanwha operation, ETF 2 species of domestic maintenance reduced to the minimum level of annual 0.06%



Announced on the 24th that [South Korea goyounghun financial newspaper reporter] Hanwha Asset Management's total remuneration cuts of two "Hanwha ARIRANG 200 gift leveraged ETF ',' Hanwha ARIRANG 200 gift inverse 2X ETF 'open 0.20% to 0.06% a year.

0.06% of the annual maintenance is the lowest level of leverage, inverse 2X ETF 16 species of the KOSPI 200 are listed on the exchange transaction by the preparation date.

One time cut maintenance "Hanwha ARIRANG 200 gift leveraged ETF ',' Hanwha ARIRANG 200 gift inverse 2X ETF 'is listed in September last year, a favorable structure to the gotta easing to 200% in derivatives risk assessments relevant provisions of 100% of investors It has a bar.

ETF derivatives risk assessments have which was limited to 100% of the portfolio during the KOSPI200 kind Co., KOSPI200 ETF, a certain level because of the use of repurchase agreements (RP) for cash and ETF as collateral use KOSPI200 gifts, and in this process, the cash cost of borrowing occurs. In other words, the cost is negative for investors because it reflects the ETF trading price.

Hanwha operational side, Hanwha ARIRANG 200 gift leveraged ETF ',' Hanwha ARIRANG 200 gift inverse 2X the ETF derivatives risk assessments because 200% is applied does not have RP transaction costs incurred in the portfolio construction stage was described as a favorable structure to the investor gains .

Four seal that Hanwha Asset Management ETF Management Team is "simply do not see only the volume ETF stocks is consistent with the investment objectives Successful ETF investing, whether a reasonable level in comparison with the same kind ETF, management structures need to invest carefully at such not benefit the investor profits , "he said.



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