Hanwha Asset Management to raise a bond-converting fund upon achieving a target return of 6%
Hanwha Asset Management will offer the 'Hanwha High Dividend Semiconductor Development6Target Conversion Fund,' which converts to a bond fund when it achieves a target return of 30. The offering will run from 2026 year 7 month 9 to 14 year 30 month 70. The equity allocation is designed to be no more than %, while the bond allocation is at least %.
Hanwha Asset Management will offer the 'Hanwha High Dividend Semiconductor Development30Target Conversion Fund' from 2026 year 7 month 9 to 14 year 2026 month 7. It will be established on 15 year month day and begin operations.
This fund is a unit-type, open-ended product. It is classified as a bond-mixed fund by investment character.
The fund is designed to limit the equity allocation to no more than 30% and operate with a bond allocation of at least 70%.
The target conversion yield is 6% as stated. If the fund achieves its target return, it will be converted into a bond fund and subsequently managed with a focus on bonds.
Investors may redeem their holdings immediately after the target return is confirmed, or choose to hold them until maturity after the conversion into a bond fund.
Equity allocation (30%) is expected to be approximately allocated to high-dividend stocks and beneficiaries of share buybacks, while approximately 10% is expected to be allocated to key companies in major manufacturing industries, including semiconductors, artificial intelligence (AI), energy storage systems (ESS), power equipment, and robotics.20%.
Hanwha Asset Management explained that high-dividend stocks and companies with strong share-buyback records may benefit from the government's policy of strengthening shareholder returns.
Detailed information on the fund's specific holdings, fees, redemption conditions, and other terms should be confirmed through the offering announcement and product prospectus.
Sources: 파이낸셜뉴스 증권
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