Final Day for Gold Bar Giveaway Event
Hanwha Investment Management’s promotional event for long-term investors in its ACE KRX Gold Spot ETF concludes today, 31 July, at 11:59 PM. The campaign, which began on 23 June, offers participants a chance to win a gold bar weighing 3.75 grams. To be eligible, investors must have held the ACE KRX Gold Spot ETF for at least three months and submit their investment story via the official channel after subscribing to the ACE ETF YouTube channel.
The prize pool includes gold bars for ten selected entrants and ₩30,000 Shinsegae department store vouchers for an additional fifty participants chosen through a draw. The list of winners will be published on the official ACE ETF blog on 20 August.
Record-Breaking Inflows into the Gold ETF
The ACE KRX Gold Spot ETF, launched in December 2021, has become the largest physical gold ETF in South Korea. Backed by solid performance and competitive fees, the fund has attracted steady inflows from retail investors. According to the Korea Exchange, the ETF recorded annual net retail purchases of ₩17.6 billion in 2022, ₩29.3 billion in 2023, and an impressive ₩224.3 billion in 2024—a staggering 666% year-on-year increase.
As of 30 July, the net individual inflow for the year had already reached ₩340.5 billion, surpassing all previous records. Daily net inflows on that date totalled ₩3.3 billion—double the inflow into Mirae Asset’s TIGER KRX Gold Spot ETF, despite the latter offering the lowest fees in the category.
Investors Share Personal Stories Behind Gold ETF Investments
A wide variety of stories have been submitted as part of the event. One office worker explained how research into asset allocation strategies at postgraduate level led them to ETF investing. A new mother shared that she is using her childcare benefits to invest in the ETF to save for her child’s education. A participant in their 50s noted their preference for investing in gold ETFs over traditional gold jewellery.
Others highlighted their interest in the ETF’s recent fee reduction. On 17 July, Hanwha Investment Management slashed the total expense ratio of the ACE KRX Gold Spot ETF from 0.5% to 0.19%. One investor, whose portfolio includes a 20% allocation to the ETF, stated they plan to maintain their holdings without switching products due to the cost reduction.
Long-Term Strategy and Management Expertise
The fund has demonstrated strong returns, with gains of 3.48% over one month, 12.16% over six months, 36.35% over one year, and a cumulative 96.13% over three years. Hanwha attributes this to its longstanding operational experience and capacity to track physical gold effectively, distinguishing it from basic index-tracking products. The company emphasises the importance of specialist asset management in handling physical gold, including aspects like storage, pricing linkage, and liquidity management.
Looking Ahead to ‘Season 2’
Ryu Ji-hae, Head of Digital Strategy at Hanwha Investment Management, expressed gratitude to participants, stating, “We appreciate the interest shown by investors in our ACE KRX Gold Spot ETF long-term holding event. Although the current campaign ends tonight at 11:59 PM, we’re planning to introduce a second season of the long-term holding event in the future.”
The ETF continues to appeal to investors looking for a stable, inflation-hedging asset backed by physical gold, further supported by transparent management and competitive pricing. With continued momentum and strategic promotions, Hanwha Investment Management aims to strengthen its leadership in South Korea’s gold ETF market.