Shinhan's 'SOL US Tech TOP10 ETF' Surpasses 100 Billion KRW in 2 Months After Listing
Shinhan Asset Management's 'SOL US Tech TOP10' ETF has surpassed 100 billion KRW in net assets just 50 days after its listing, marking a significant success. The ETF diversifies its investments across 10 major tech companies listed on Nasdaq, including Apple, Microsoft, Nvidia, Amazon, Meta, and Tesla. The increased demand for this ETF is mainly attributed to investments through tax-saving accounts like pensions and ISAs. Notably, the ETF's yield has reached 18.86% since its listing, buoyed by the rising stock prices of its key holdings, drawing substantial investor interest. To maintain this momentum, Shinhan Asset Management is conducting a buyback certification event to encourage investment and promote long-term savings plans.
In the ETF market, Samsung Asset Management is also recording remarkable success. Samsung's 'KODEX AI Core Facilities' and 'KODEX US AI Core Infrastructure ETF' have achieved sales of 40 billion KRW within just 3 days of listing, underscoring the enduring growth potential of the AI industry.
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[ETF Scoop] Shinhan Asset Management·Samsung Asset Management - Prime Economy[Prime Economy] The ETF (Exchange Traded Fund) market is experiencing high growth every year. Consequently, competition to dominate the market among asset management companies is fierce. 'ETF Scoop' is a briefing corner that gathers the latest news from the ETF industry daily. It delivers the latest market trends, investment strategies, and expert analyses at once. On the 12th, Shinhan Asset Management and Samsung Asset Management ETF news includes Shinhan's 'SOL US Tech T...'
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KRW 100 billion in 36 trading days... US Tech ETF favored by pension investors - Financial News[Financial News] The net assets of Shinhan Asset Management's 'SOL America Tech TOP10' Exchange Traded Fund (ETF) surpassed KRW 100 billion in less than 2 months since its listing. The surge in investment demand is attributed to the use of tax-advantaged accounts such as pension and Individual Savings Accounts (ISA). According to the Korea Exchange, as of the 11th, the ETF's net assets were tallied at KRW 104.5 billion. This was achieved in just 36 trading days since its listing on May 21.
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Shinhan Asset Management, SOL US Tech TOP10..."Surpasses 100 billion in net assets in 50 days" - Money TodayThe net assets of Shinhan Asset Management's 'SOL US Tech TOP10' ETF (Exchange Traded Fund) surpassed 100 billion won just 50 days after its listing. Demand from investors utilizing tax-advantaged accounts such as pensions and ISAs (Individual Savings Accounts) has consistently driven net purchases. The 'SOL US Tech TOP10' ETF allows investment in major US tech companies at a low fee of 0.05% annually.
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Shinhan Asset Management, SOL US Tech TOP10..."Surpasses 100 Billion KRW in Net Assets in 50 Days" - Money TodayThe net assets of Shinhan Asset Management's 'SOL US Tech TOP10' ETF (Exchange-Traded Fund) have surpassed 100 billion KRW just 50 days after listing. Demand from investors utilizing tax-sheltered accounts such as pensions and ISAs (Individual Savings Accounts) has steadily increased, continuing the net buying trend. The 'SOL US Tech TOP10' ETF allows investment in major US tech companies with a low annual fee of 0.05%. US big tech...
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“Up 18.86% in 50 Days”…‘SOL US Tech TOP10’ Net Asset Breaks Through 100 Billion Won - Herald EconomyShinhan Asset Management announced on the 12th that the net assets of its ‘SOL US Tech TOP10’ Exchange Traded Fund (ETF) surpassed 100 billion won just 50 days after listing. After the listing, investor demand has steadily accumulated, utilizing tax-advantaged accounts such as pension and Individual Savings Accounts (ISA). The SOL US Tech TOP10 ETF offers the advantage of investing in major U.S. big tech companies at a low fee of 0.05% annually, making it a must-have in pension accounts for individual investors...
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