NH-Amundi Reduces Total Expense Ratio for HANARO Global Gold Mining ETF
NH-Amundi Asset Management has reduced the total expense ratio of the HANARO Global Gold Mining ETF from 0.45% to 0.15%. This ETF invests in major global gold mining companies such as Newmont, Agnico Eagle Mines, and Barrick Mining, and has surged 66.76% this year due to stable mining costs and rising gold prices. With the continued rise in gold prices and improved profitability of gold mining companies, NH-Amundi emphasizes the increasing attractiveness of investing in gold mining firms.
In the metals market, both gold and silver prices are soaring amid expectations of an interest rate cut by the US Federal Reserve. Gold prices have climbed 42% over the past year, surpassing the gains of the Nasdaq 100 index, while silver has hit its highest level in 14 years. This trend is attributed to global economic instability and increased preference for gold as a safe-haven asset. Experts predict that gold prices could rise further, potentially reaching $4,000 per ounce.
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Gold and Silver Futures Hit All-Time Highs ... 'Uptrend Until Year-End' - Korea Economic DailyIndeed, it was wise not to sell... As gold prices soared, a bold forecast emerged. Gold and silver futures hitting all-time highs, trending upwards until year-end. The market is betting on potential U.S. interest rate cuts. Gold and silver ETFs have surged around 5% in a week. The weak dollar and falling U.S. Treasury yields encourage the rise in valuable commodities like gold. Possibility of $4,000 per troy ounce.
NH-Amundi Reduces Fee for HANARO Global Gold Mining Companies ETF to 0.15% - Metro NewspaperOn the 2nd, NH-Amundi Asset Management lowered the total fee of the HANARO Global Gold Mining Companies ETF from the existing 0.45% to 0.15%. The HANARO Global Gold Mining Companies ETF is an equity fund investing in global gold mining companies that are closely linked with gold prices. The underlying index is 'NYSE Arca Go
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NH Amundi Cuts 'HANARO Global Gold Mining Companies ETF' Total Expense Ratio to 0.15% - SBS Biz[NH Amundi Asset Management (Captured from NH Amundi Asset Management Website = Yonhap News)] NH Amundi Asset Management announced today (2nd) that it has reduced the total expense ratio of the HANARO Global Gold Mining Companies ETF from the previous 0.45% to 0.15%. The HANARO Global Gold Mining Companies ETF is an equity fund that invests in global gold mining companies closely linked to gold prices. The underlying index is 'NYS…
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'HANARO Global Gold Mining Companies ETF' Total Fee Reduced to 0.15% - EdailyNH-Amundi Asset Management announced on the 2nd that the total fee for the 'HANARO Global Gold Mining Companies' Exchange-Traded Fund (ETF) has been reduced from 0.45% to 0.15%. (Photo: NH-Amundi Asset Management) The HANARO Global Gold Mining Companies ETF invests in global gold mining companies closely linked to gold prices...
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