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
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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