Sharing ETF Management Fees: Hana Asset Management Donates 25 Million Won on Its Third Anniversary

[Financial News] Marking the third anniversary of its launch, Hana Asset Management is using management fees from exchange-traded funds (ETFs) to support treatment and rehabilitation for children from vulnerable backgrounds.
Hana Asset Management said on the 11th that it donated 25 million won to the Youth Geuruteogi Foundation at an event marking the third anniversary of its launch, held on the 2nd.
The donation was funded with 10% of the approximately 250 million won in cumulative management fees generated since the launch of the “1Q U.S. Medical AI” ETF. It is to be used for the treatment and rehabilitation of children with rare diseases or facing financial difficulties.
Hana Asset Management plans to continue making related donations as its ETFs grow. On the first anniversary of its launch, it encouraged employees to participate in donations to the Youth Geuruteogi Foundation. In May, it also contributed 100 million won from the management fees of its “1Q U.S. Space and Aerospace Tech” ETF to the development fund of the Department of Aerospace Engineering at the Korea Advanced Institute of Science and Technology (KAIST).
Kim Tae-woo, CEO of Hana Asset Management, said, “All our employees participate in donations to the Youth Geuruteogi Foundation, and we also continue our social contribution efforts in areas related to ETF investment. We will continue providing support steadily rather than letting it remain a one-off donation.”

[email protected] Seo Min-ji Reporter