Korean ETFs Yield High Returns, Led by Shipbuilding and Tech Investments
In the past year, the highest returns for pension investors in South Korea came from an exchange-traded fund (ETF) focused on domestic shipbuilding stocks. This surge is attributed to the strengthening of Korea-U.S. shipbuilding cooperation, exemplified by the MASGA project, which has led to a significant increase in shipbuilding stocks this year. Additionally, ETFs investing in technology sectors such as electric vehicles (EVs) and artificial intelligence (AI), as well as gold, have also recorded impressive returns.
According to Mirae Asset Securities, as of the end of last month, the total pension assets managed by the firm, combining personal and retirement pensions, reached 52 trillion KRW, with 10 trillion KRW accounted for as investment returns. The ETF that contributed the most to these returns (for products with over 100 billion KRW in holdings) was the SOL Shipbuilding TOP3 Plus, which achieved a remarkable return of 162.12% over the past year—easily surpassing the second-highest return. This ETF prominently features major domestic shipbuilding companies, including Samsung Heavy Industries, Hanwha Ocean, and HD Hyundai Heavy Industries, each representing around 20% of the funds allocation.
ETFs focused on the electric vehicle sector also performed well. The TIGER China Electric Vehicle SOLACTIVE ranked second with a return of 71.05%, while the ACE Tesla Value Chain Active came in third with a return of 70.92%. Following closely was the actively managed ETF TIMEFOLIO Global AI Active, which focused on global AI companies, achieving a return of 70.12%.
Moreover, with the recent surge in gold prices, gold ETFs have contributed positively to pension account returns. The ACE KRX Gold Spot ETF rose by 61.9% over the past year, and its cumulative return over the last three years has reached 139.02%.
As expectations for value-up policies continue, the domestic stock market is experiencing a bullish trend. Consequently, other notable ETFs such as PLUS High Dividend Stocks (37.26%) and TIGER 200 (37.24%) have also shown strong performance, reflecting the overall positive sentiment in the market.
According to Mirae Asset Securities, as of the end of last month, the total pension assets managed by the firm, combining personal and retirement pensions, reached 52 trillion KRW, with 10 trillion KRW accounted for as investment returns. The ETF that contributed the most to these returns (for products with over 100 billion KRW in holdings) was the SOL Shipbuilding TOP3 Plus, which achieved a remarkable return of 162.12% over the past year—easily surpassing the second-highest return. This ETF prominently features major domestic shipbuilding companies, including Samsung Heavy Industries, Hanwha Ocean, and HD Hyundai Heavy Industries, each representing around 20% of the funds allocation.
ETFs focused on the electric vehicle sector also performed well. The TIGER China Electric Vehicle SOLACTIVE ranked second with a return of 71.05%, while the ACE Tesla Value Chain Active came in third with a return of 70.92%. Following closely was the actively managed ETF TIMEFOLIO Global AI Active, which focused on global AI companies, achieving a return of 70.12%.
Moreover, with the recent surge in gold prices, gold ETFs have contributed positively to pension account returns. The ACE KRX Gold Spot ETF rose by 61.9% over the past year, and its cumulative return over the last three years has reached 139.02%.
As expectations for value-up policies continue, the domestic stock market is experiencing a bullish trend. Consequently, other notable ETFs such as PLUS High Dividend Stocks (37.26%) and TIGER 200 (37.24%) have also shown strong performance, reflecting the overall positive sentiment in the market.
Like
0
Upvote0
- PrevNeed for Preparedness: Addressing Visa Issues for Non-English Speaking Workers
- NextInvestors Seek Alternatives to Low Bank Interest Rates Amid Stock Market Rally
김한*
창업뉴스라고 왔더니 창업에 관련된게 하나도 없네요.
이동*
정말 최고예요!
신영*
코리아 핀테크 위크 2023 멋지네요
No comments yet.
