SGX-listed ETF beats Nasdaq 100 as investors flock to S-E Asian markets
Foreign investor interest is being driven by the interest rate cut cycle, geopolitical uncertainties and the region’s favourable demographics
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MANY investor dollars have gone into US tech stocks, which were driven to multiple new highs in the past year or so.
But one Singapore Exchange-listed exchange-traded fund (ETF) focused on South-east Asian tech is doing so well it outperformed the Nasdaq 100.
This was the CSOP iEdge SEA+ Tech ETF, which had total returns net-of-fees of 30.4 per cent in 2024, SGX data indicated. In comparison, the Nasdaq 100 figure was around 25 per cent.
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