Hantoo Asset Management: "Trade Vietnam ETFs at Meritz Securities and Travel to Vietnam"

Korea's Only Vietnam ETF Holder KNTU Asset Management
Trading Event for Individual Professional Investors at Meritz Securities
Up to 3 Million KRW Worth Vietnam Travel Package Giveaway

[Asia Economy Reporter Kwon Jaehee] Korea Investment Trust Management, the only domestic asset management company holding Vietnam Exchange-Traded Funds (ETFs), announced on the 7th that it will conduct a trading event for two Vietnam ETFs through Meritz Securities.

The event period runs until March 31, and it is targeted at customers holding domestic stock Contracts for Difference (CFD) accounts at Meritz Securities.

CFDs, which are over-the-counter derivatives exclusively for professional investors, are characterized by settling the difference between the entry price and the liquidation price in cash without holding the actual stocks, and allowing up to 2.5 times leverage investment with a certain margin. Additionally, investors can take short positions when expecting a decline.

The ETFs eligible for the event are Korea Investment Trust Management’s ACE Vietnam VN30 (Synthetic) ETF and ACE Vietnam VN30 Futures Bloomberg Leverage (H) ETF.

The ACE Vietnam VN30 (Synthetic) ETF is a product based on the Vietnam VN30 index. The VN30 index consists of 30 large-cap stocks with market capitalization and liquidity representing the market, listed on the Ho Chi Minh Stock Exchange in Vietnam.

The ACE Vietnam VN30 Futures Bloomberg Leverage (H) ETF tracks twice the daily rate of change of the ‘Bloomberg VN30 Futures Index,’ which is the futures index of the VN30 index. Korea Investment Trust Management first launched this product worldwide in November 2020.

Meritz Securities will select 17 customers who have a cumulative trading amount of 100 million KRW or more for the two ETFs combined during the event period and hold the products until the balance evaluation date to receive prizes. The balance evaluation date is April 5.

The prizes will be distributed differentially based on the balance holding amount. For customers holding more than 30 million KRW, prizes include ▲a Vietnam travel package worth 3 million KRW (1 person) and ▲a Vietnam travel package worth 2 million KRW (3 people). For customers holding 30 million KRW or less, ▲a Vietnam travel package worth 2 million KRW (3 people) will be provided.

Meritz Securities also plans to select a total of 10 people regardless of balance holdings to receive 10 iPads. For more details regarding the event, please contact Meritz Securities.

This content was produced with the assistance of AI translation services.