CSOP Asset Management Launches CSOP MAG Seven ETF Tracking Solactive Magnificent Seven Index
November 6, 2024--Solactive is pleased to expand its collaboration with CSOP Asset Management Limited. The CSOP MAG Seven ETF aims to track the Solactive Magnificent Seven Index, offering investors direct access to seven of the largest and most influential U.S. technology companies-Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla-each of which has established itself as a leader in innovation, digital transformation, and technological advancements. |
The U.S. tech sector, particularly represented by the "Magnificent Seven," continues to drive the stock market through its cutting-edge innovations and global influence. These industry leaders, spanning areas like AI, cloud computing, and electric vehicles, have demonstrated resilience and high returns, even during market volatility. Nvidia's dominance in AI hardware and Microsoft's growth through AI-driven cloud services reflect the critical role technology plays in shaping the future of industries.[1] With their innovative capacity and strong financial performance, these companies contribute significantly to the overall performance of the U.S. economy, with their stocks forming a substantial portion of major indices like the Solactive GBS United States 500 Index. |
Asia Can Boost Economic Resilience Amid Surging Trade Tensions April 24, 2025-Stronger regional economic ties can help build resilience during a time of growing policy uncertainty |
Low-Cost ETFs and Long-Term Capital Funds Drive High-Dividend Strategies in A-Share Market April 24, 2025-In 2024, the A-share market achieved a historic milestone with total dividend payouts reaching RMB 2.4 trillion (US$ 338 billion). As of April 13, 1,156 listed companies had announced dividend plans amounting up to RMB 1.13 trillion (US$ 160 billion). Meanwhile, the dividend yield of the CSI 300 Index and CSI Dividend Index has reached 3.5% and 6.3%, highlighting strong cash distributions. |
South Asia's Growth Prospects Dimming Amid Global Uncertainty
April 23, 2025—Increasing domestic revenues key to stronger fiscal buffers
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KB Asset Management to Launch KB RISE US Natural Gas Value Chain ETF Tracking the Solactive US Natural Gas Value Chain Index
April 22, 2025- Solactive is pleased to continue its partnership with KB Asset Management with the upcoming launch of KB RISE US Natural Gas Value Chain ETF, tracking the Solactive US Natural Gas Value Chain Index. This ETF offers investors a comprehensive approach to the US natural gas sector, providing exposure to companies operating across the entire natural gas value chain, from production to infrastructure and export. |
Indxx Licenses India Digital Select 5 NTR Index & India Large-Cap Growth Select 5 NTR Index to KB Securities in Korea
April 11, 2025-Indxx is pleased to announce the licensing of its Indxx India Digital Select 5 NTR Index and Indxx India Large-Cap Growth Select 5 NTR Index to KB Securities as the underlying benchmarks for two funds. The KB India Digital Select 5 ETN (Ticker: KRG580000674) and KB India Large-Cap Growth Select 5 ETN (Ticker: KRG580000666), which track the Indxx India Digital Select 5 NTR Index and Indxx India Large-Cap Growth Select 5 NTR Index, respectively, began trading on the Korea Exchange today. |