NH-Amundi Asset Management announced that its exchange-traded fund (ETF) 'HANARO Fn Shipbuilding & Shipping' has risen over 100% in the past year as of the 11th.
According to fund evaluation firm KG ZeroIn, as of the 4th, the 1-year revenue rate of this ETF was recorded at 102.04%. The 3-month revenue rate was 39.45%, and the 6-month revenue rate was around 55.01%.
This ETF includes major stocks such as Samsung Heavy Industries, HD Korea Shipbuilding & Offshore Engineering, HD Hyundai, and HMM.
NH-Amundi Asset Management noted that the full-scale launch of the second Trump administration in the United States is expected to benefit the shipbuilding industry, leading to a significant rise in stock prices. As U.S. President Donald Trump takes steps to moderate the pace of green policies, additional orders for liquefied natural gas (LNG) vessels are anticipated, which could benefit the Korean shipbuilding industry that has secured an advantage in LNG orders.
Additionally, with expectations that President Trump will intensify his stance against China, analysis suggests that shipping companies from various countries will choose the Korean shipbuilding industry as an alternative. The first Trump administration previously pushed sanctions against Chinese state-owned enterprises.
Kim Seung-cheol, head of the ETF investment division at NH-Amundi Asset Management, said, 'The HANARO Fn Shipbuilding & Shipping ETF is a product that invests in sectors expected to benefit from the second Trump administration.'