Global ETF Competition and Performance Analysis
Global ETF Competition and Performance Analysis
Global X, a U.S. subsidiary of Mirae Asset Global Investments, is hosting an ETF investment competition titled 'BetaPro Biggest Winner Trading Competition' in Canada. This competition is free for all participants, who can trade ETFs using virtual funds amounting to CAD 100,000 over a six-week period. With a total prize of CAD 40,000, this event aims to raise interest in ETF investments and provide participants with practical experience. NH-Amundi Asset Management is holding an event for new buyers of the HANARO Global Gold Mining ETF. This ETF invests in major gold mining companies such as Newmont, Agnico Eagle Mines, and Barrick Gold, and has posted impressive returns due to rising gold prices. The recent one-month, six-month, and one-year returns are 20.02%, 53.58%, and 86.71% respectively, reflecting the buoyant gold market. In the ETF market, Korea Investment Management's ACE ETF continues to show strong growth with a focus on AI and big tech sectors. Following a rebranding, Head of the Division Nam Yong-soo announced that the ETF's net assets have reached KRW 18.9589 trillion, and with the expansion due to increased investments in pension market ETFs, the total assets have surged to KRW 240.29 trillion. The ACE ETF, providing diverse investment options, supports clients' long-term asset management goals while cementing its market presence.
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