Exchange Traded Concepts Cross-Lists Hanwha Asset Management ETFs on Abu Dhabi Securities Exchange
Exchange Traded Concepts (ETC) has successfully cross-listed two ETFs managed for Hanwha Asset Management on the Abu Dhabi Securities Exchange (ADX). The funds, the PLUS Korea Defense Industry Index ETF (KDEF) and the PLUS Korea Manufacturing Core Alliance Index ETF (KMCA), are now available in three markets: South Korea (sponsor origin), the United States (primary listing), and Abu Dhabi. KDEF focuses on Korean aerospace and defense companies, while KMCA tracks 35 Korean firms across manufacturing sectors such as AI semiconductors, shipbuilding, and nuclear energy. This expansion demonstrates ETC's capability to facilitate multi-jurisdictional listings for international asset managers by managing regulatory and exchange coordination.
Tickers: $ADX
Topics: Abu Dhabi Securities Exchange Asset Management ETF cross-listing Exchange Traded Concepts Hanwha Asset Management