HANARO Global Gold Mining Company ETF, Top Performer Among Gold-Related ETFs

NH-Amundi Asset Management announced on the 25th that the HANARO Global Gold Mining Companies ETF has recorded excellent returns since the beginning of the year.

As of the 17th, the HANARO Global Gold Mining Companies ETF posted a year-to-date return of 24.39%. This is higher than the 12.09% increase in the international gold price (KRW) during the same period. It achieved the highest return among gold-related ETFs listed in the domestic market.

The HANARO Global Gold Mining Companies ETF was able to record high returns thanks to the higher volatility of gold mining company stocks compared to physical gold, due to factors such as fixed costs associated with gold mining and processing.

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, and South America.

The HANARO Global Gold Mining Companies ETF also has the advantage of distributing dividends quarterly.

Kim Seung-chul, Head of ETF Investment at NH-Amundi Asset Management, said, "A favorable environment for rising gold prices has recently been created," adding, "Investors should consider the HANARO Global Gold Mining Companies ETF, which tends to rise alongside gold prices, has high volatility, and also pays dividends."

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