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Finance

Korea Investment Management\'s ACE KRX Physical Gold ETF net assets top 4.5 trillion won

Korea Investment Management said on Monday that net assets of its ACE KRX Physical Gold ETF, the country’s first physically backed gold exchange-traded fund, have surpassed 4.5 trillion won. Based on the Jan. 26 close, assets stood at 4.65 trillion won, rising more than 600 billion won in 10 trading sessions since passing 4 trillion won on Jan. 12, amid steady retail inflows.

Finance

Korea Investment Trust Management ACE KRX Physical Gold ETF net assets top 4 trillion won

Korea Investment Trust Management said on Jan. 14 that net assets in its ACE KRX Physical Gold ETF have surpassed 4 trillion won. The Korea Exchange put net assets at 4.04 trillion won as of the previous day, up about 1 trillion won in roughly two months after crossing 3 trillion won in November. The ETF, launched in 2021, tracks the KRX physical gold index and has seen retail net buying and strong recent returns.