Long-term mutual funds in Korea bring up to 1,000% cumulative returns
newscatcher
2023-07-26 03:40
Long-term mutual funds in Korea bring up to 1,000% cumulative returns
[Image source: Gettyimagesbank]While South Korea's public funds are experiencing a downturn due to the popularity of exchange-traded funds (ETFs), long-term public funds like mutual funds have been garnering industry attention with cumulative returns of up to 1,000 percent since their inception, proving that long-term investments of 20 years or more in well-diversified public funds can produce excellent returns.According to market data on Tuesday, the average cumulative return of long-term funds in Korea over the past 20 years stands at an impressive 269 percent.

https://n.news.naver.com/mnews/article/009/0005163968?sid=104

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