ACE KRX Gold ETF Surpasses 4 Trillion KRW in Assets
The ACE KRX Gold ETF by Korea Investment Management has surpassed 4 trillion KRW in net assets, solidifying its position as the largest gold spot ETF in the domestic market. Over the past two months, more than 1 trillion KRW in capital was injected, driven by increased demand for gold investments. With recent performance showcasing a 1-year return of 64.30% and a 3-year return of 178.88%, the ETF offers lucrative returns among gold investment products.
The stability in gold prices expected from inflation hedging and central bank gold purchases supports a favorable environment for long-term investment. Furthermore, the capability to allocate up to 70% of retirement pension funds into this ETF acts as an attractive feature for investors. Continuous inflow of funds from individual investors also plays a significant role in the growth of the ETF.
With the demand for portfolio diversification through gold ETFs, the ACE KRX Gold ETF tracks the KRX Gold Spot Index, enhancing its competitiveness by minimizing indirect costs. The ETF clearly presents an attractive investment theme with strong returns, garnering ongoing interest from investors.
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Hanwha Asset Management Gold Spot ETF Exceeds 4 Trillion Won in Net Asset ValueSecurities > Domestic Stock Market News: Driven by the rise in gold prices, Hanwha Asset Management's ACE KRX Gold Spot ETF has surpassed 4 trillion won in net asset value. On the 14th, Korea Exchange...
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Hanwha Investment Management's 'KRX Gold Spot ETF' Surpasses 4 Trillion Won in Net Assets - Maeil Business NewspaperHanwha Investment Management announced on the 14th that the net assets of the ‘ACE KRX Gold Spot ETF’, Korea's first gold spot ETF, have surpassed 4 trillion won. According to the Korea Exchange, as of the previous day, the net assets of the ACE KRX Gold Spot ETF were recorded at 4.044 trillion won. This marks an increase of 1 trillion won in about two months since surpassing 3 trillion won in net assets last November.
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Hanwha Investment's 'ACE KRX Gold Spot ETF' Surpasses 4 Trillion Won in Net Assets - edaily.co.krHanwha Investment Trust Management announced on the 14th that the ACE KRX Gold Spot ETF, the nation's first gold spot type ETF, has surpassed 4 trillion won in net assets. According to the Korea Exchange, as of the 13th, the net asset value of the ACE KRX Gold Spot ETF was tallied at 4.042 trillion won. Last November, the net assets...
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