President s fund pick draws investor attention
Posted : 2021-01-14 17:06
Updated : 2021-01-14 21:21
President Moon Jae-in visits the headquarters of NH NongHyup Bank in central Seoul in August 2019 to sign up for purchasing the NH-Amundi Victory Korea Fund. / Korea Times file
President Moon invests money in funds focusing on New Deal businesses
By Anna J. Park
After Cheong Wa Dae announced Wednesday that President Moon would invest in three mutual funds and two ETFs (exchange-traded funds) Friday, local investors showed interest in the President financial choices in and what specific stocks the mutual funds held.
According to Cheong Wa Dae spokesman Kang Min-seok, the President plans to invest 50 million won ($45,000) in the Samsung New Deal Korea Fund, KB Korea New Deal Fund, Shinhan BNPP Beautiful SRI Green New Deal Securities Feeder Investment Trust, Mirae Asset s TIGER BBIG K-New Deal ETF, and NH Amundi s HANARO Fn K-New Deal Digital Plus ETF to support the government s