Analysis of Shinhan Asset Management and NH Amundi Asset Management's ETF Performance
Shinhan Asset Management's 'SOL Gold Covered Call Active ETF' has gained significant attention with a yield of 4.85% since its listing. This ETF is appealing as it tracks over 90% of international gold prices and aims to pay an annual dividend of 4% through a covered call strategy. With the resolution of the 'kimchi premium', individual investors are increasingly pouring money into this ETF, capitalizing on tax-efficient benefits through retirement savings and pension accounts.
On the other hand, NH Amundi Asset Management's HANARO Global Gold Mining Companies ETF has recorded an impressive yield of 24.39% this year, drawing attention from the industry. This ETF tracks the NYSE Arca Gold Miner Index and capitalizes on volatility associated with gold mining and processing firms. Spreading its investments across the U.S., Canada, Australia, and South America, and offering quarterly dividends, it appeals strongly to investors.
Both ETFs are gaining traction among individual investors as stable investment vehicles amid rising gold prices and increasing global economic uncertainty. In Shinhan Asset Management's case, the absence of U.S. withholding tax adds a competitive edge. Additionally, the full subscription of the initial allotment confirms strong market demand.
Related ETF
Related News
Shinhan Management "Increase in Fund Inflow with SOL Gold Covered Call Active ETF" - DailyAnShinhan Asset Management announced on the 25th that as the 'Kimchi Premium', the discrepancy between domestic gold prices and international gold prices, has been significantly adjusted, fund inflow from individual investors into the 'SOL Gold Covered Call Active Exchange Traded Fund (ETF)' is expanding. The SOL Gold Covered Call Active ETF, which was launched on the 11th, recorded a 4.85% return since its listing, surpassing the domestic gold spot price increase rate of 3.31% during the same period.
SOL Gold Covered Call Active ETF Surpasses Gold Spot Returns…Net Asset Increase - Digital TimesShinhan Asset Management launched the 'SOL Gold Covered Call Active ETF' on the 11th, and it has ...
Kimchi Premium Resolution Phase: Retail Investor Focus on 'SOL Gold Covered Call Active' - Money TodayRetail investors are flocking to Shinhan Asset Management's SOL Gold Covered Call Active ETF (Exchange Traded Fund). The divergence in performance is widening during the phase where the kimchi premium, the gap between domestic gold prices and international gold rates, is being resolved, suggesting a shift in investment demand among gold investors. The SOL Gold Covered Call Active ETF, launched on the 11th, has recorded a 4.85% return since listing, compared to domestic gold market performance over the same period...
NH Amundi 'HANARO Global Gold Mining Company ETF' Up 24% This Year - E DailyNH Amundi Asset Management announced on the 25th that the ‘HANARO Global Gold Mining Company Exchange Traded Fund (ETF)’ is showing excellent returns this year. According to NH Amundi Asset Management, on the 17th
Related ETF