Pando Finance Achieves Two Top ETF Accolades in 2024

Pando Finance Achieves Two Top ETF Accolades in 2024
In an impressive recognition of excellence, two flagship exchange-traded fund (ETF) products from Pando Finance have been celebrated in the "Top Funds 2024" awards. The Pando CMS Innovation ETF (Stock Code: 3056.HK) took home the prestigious title for "Tech Stock ETF One-Year Return Category Excellence Award (1st Place)," while the Pando CMS Blockchain ETF (Stock Code: 3112.HK) secured the runner-up position, winning the "Blockchain Technology Stock ETF One-Year Return Category Outstanding Award (2nd Place)." These accolades underscore Pando Finance's significant industry knowledge and innovative leadership in the realm of asset management.
Elevating Performance in a Competitive Market
According to the insights shared by Bloomberg Businessweek, the two Pando CMS ETFs have excelled since their inception, particularly within the global market during the year 2024. Pando Finance, a licensed and compliant virtual asset management firm with strong roots in the industry, exemplifies the robust capabilities of Chinese institutions. This is achieved through strategic risk management and established investment methodologies, setting a benchmark for others to follow.
Unique Investment Strategy in the Hong Kong Market
The Pando CMS Innovation ETF (Stock Code: 3056.HK) and the Pando CMS Blockchain ETF (Stock Code: 3112.HK) are distinguished in the Hong Kong market as some of the rare actively managed ETFs. This positioning provides Pando Finance with unparalleled flexibility to capitalize on investment prospects in rapidly evolving sectors such as artificial intelligence and blockchain technologies.
Innovation and Value Creation in Client Offerings
Pando Finance concentrates on incorporating listed companies that utilize cutting-edge innovation, artificial intelligence, and blockchain technologies to generate value for their clients. In the context of the Pando CMS Innovation ETF (3056.HK), the company Spotify reported significant growth in 2024, achieving full-year profitability. Their monthly active user base surged by 12%, reaching approximately USD 675 million, while revenues increased by 16% to about USD 4.2 billion. The gross margin improved substantially to 32.2%, illustrating the ETF’s underlying strength.
Blockchain Integration for Asset Growth
Similarly, in the Pando CMS Blockchain ETF (3112.HK), MicroStrategy's bold Bitcoin strategy led to impressive asset appreciation, bolstered by transparent and forward-thinking corporate governance decisions. This alignment with well-managed, high-growth companies forms the backbone of Pando’s investment strategy, enhancing the robustness of their ETFs.
The Significance of the Top Funds Awards
The "Top Funds Awards," organized by Bloomberg Businessweek/Chinese Edition, employs Bloomberg's sophisticated data analytics system to evaluate the performance of various funds, including mutual funds, ETFs, and mandatory provident funds (MPFs). This thorough review process assesses past performance metrics, enabling comparisons across similar peer products, thus providing unbiased ratings.
Fostering Excellence in Asset Management
Entering its 11th year, the Top Funds 2024 initiative aims not only to raise investor awareness about the local fund market but also to encourage excellence across the industry and refine asset management techniques for enhanced returns. The awards highlight outstanding performers in mutual funds, ETFs, and MPFs, acknowledging the fund managers’ pivotal roles in their respective successes.
About Pando Finance
Pando Finance stands as a significant player in the realm of virtual asset management, with a global footprint that spans across continents, including Europe, Asia, and North America. The company proudly operates with comprehensive retail market capabilities and is recognized as a leader within the digital asset management sector. It holds advanced licenses from relevant regulatory bodies allowing substantial allocations in virtual assets, along with the capability to provide advisory services for funds heavily invested in this space.
In 2022, Pando Finance established its headquarters in Zurich and has successfully launched several high-performance actively managed ETFs, inclusive of Bitcoin and Ethereum spot ETPs. By leveraging their extensive expertise in digital asset allocation and compliance, Pando creates diverse investment solutions that attract a comprehensive spectrum of investors.
Frequently Asked Questions
What are the recent awards received by Pando Finance?
Pando Finance's ETFs were awarded for their superior performance in the "Top Funds 2024" awards, earning accolades for innovation and blockchain technology.
What was the performance of the Pando CMS ETFs?
Both the Pando CMS Innovation ETF and the Pando CMS Blockchain ETF showed exceptional growth, particularly noted in their performance throughout 2024.
What markets does Pando Finance operate in?
Pando Finance operates on a global scale, with significant influence in Europe, Asia, and North America, managing a diverse array of assets.
How does Pando Finance ensure compliance in asset management?
Pando Finance maintains compliance through the acquisition of licenses and the adoption of rigorous risk management practices to safeguard investments.
What innovative companies are represented in Pando’s investments?
Pando focuses on companies that leverage artificial intelligence and blockchain technologies for sustainable growth and value creation, including brands like Spotify and MicroStrategy.
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