Surge in U.S. Index-Tracking ETFs
Korea Investment Management's two ETFs, 'ACE U.S. S&P 500 ETF' and 'ACE U.S. Nasdaq 100 ETF', have drawn over 400 billion KRW in net individual purchases since the start of the year, receiving positive reviews. The ACE U.S. S&P 500 ETF attracted 233.2 billion KRW, while the ACE U.S. Nasdaq 100 ETF garnered 180.7 billion KRW. These ETFs, tracking the S&P 500 and Nasdaq 100 indices, respectively, are favored by investors for their low cost and attractive annual distribution rates.
These ETFs are also highlighted as vehicles for long-term investment strategy and are being increasingly utilized in retirement pension accounts for portfolio diversification. The ACE U.S. S&P 500's cost is 0.18% with an annual distribution rate of 1.26%, while the ACE U.S. Nasdaq 100 ETF has a cost of 0.19% and an annual distribution rate of 0.61%.
Meanwhile, Samsung Asset Management has solidified its position as an industry leader with an increase of 5.4 trillion KRW in ETF net assets, highlighting the continued investor confidence in index-tracking ETFs. In addition, due to exchange rate fluctuations, Hana Bank has reduced the limit on foreign alternative investment derivative products.
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Hanwha Investment ACE US Representative Indexes 2 Achieve Over 400 Billion KRW in Individual Net Buying Since Early This Year - meconomynews.comHanwha Investment & Securities announced on the 15th that as of the 14th, the net buying amount by individual investors in two of its exchange-traded funds (ETFs) investing in major U.S. indexes has exceeded 400 billion KRW since the beginning of the year. The two products are ▲ACE America S&P500 ▲ACE America NASDAQ100. The net buying amount for ACE America S&P500 was 233.2 billion KRW, and for ACE America NASDAQ100, it was 180.7 billion KRW. When combined, the total net inflow is approximately 413.9 billion KRW. Both products track major U.S. indexes, namely the S&P (Standard & Poor's) 500 and NASDAQ.
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Hanwha Investment & Securities 'ACE US Leading Index ETF' Individual Net Purchase Exceeds 400 Billion - E TodayHanwha Investment & Securities announced on the 15th that individual net purchases of two exchange-traded funds (ETFs) invested in major US indices have exceeded 400 billion won since the beginning of the year.
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