HANARO Global Gold Mining Company ETF Surpasses 60% Annual Return
Diversified Investment in Global Gold Mining Companies
Higher Volatility Compared to Gold Spot Price
NH-Amundi Asset Management announced on the 11th that the HANARO Global Gold Mining Companies ETF has surpassed a 60% return over one year.
According to Shinhan Fund Partners, as of the 7th, the HANARO Global Gold Mining Companies ETF's one-year return is 62.5%. It also shows strong performance with a 3-month return of 10.7% and a 6-month return of 22.17%.
Launched in January last year, the HANARO Global Gold Mining Companies ETF invests in global gold mining companies and tracks the NYSE Arca Gold Miner Index as its benchmark. It diversifies investments across gold mining-related stocks in the U.S., Canada, Australia, South America, and other regions.
Recently, the price of gold has continued its upward trend, surpassing $2,800 per ounce. Gold is a representative safe-haven asset, and demand for safe assets has surged due to U.S. President Donald Trump's tariff policies.
The stock prices of gold mining companies tend to be more volatile than the spot price of gold due to fixed costs associated with gold mining and processing, which can lead to favorable investment returns when gold prices rise. The HANARO Global Gold Mining Companies ETF also has the advantage of regularly distributing dividends.
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Kim Seung-chul, Head of ETF Investment at NH-Amundi Asset Management, said, "A favorable environment for rising gold prices is being created recently," adding, "Considering the simultaneous rise with high volatility and the ability to receive dividends, investors should consider investing in the HANARO Global Gold Mining Companies ETF."
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