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Pando Finance's Two Star ETFs Shine at Bloomberg Businessweek's Top Funds 2024 Awards

Pando Finance has received significant accolades for its innovative ETFs in the eagerly awaited "Top Funds 2024" awards, hosted by Bloomberg Businessweek. The organization's flagship products, the Pando CMS Innovation ETF and the Pando CMS Blockchain ETF, stood out among their peers, garnering impressive recognition for their performance in the competitive realm of global asset management.

The Pando CMS Innovation ETF (Stock Code 3056.HK) bagged the prestigious Tech Stock ETF One-Year Return Category Excellence Award (1st Place), while the Pando CMS Blockchain ETF (Stock Code 3112.HK) followed closely, securing the Blockchain Technology Stock ETF One-Year Return Category Outstanding Award (2nd Place). These achievements underscore Pando Finance's adeptness and innovation in the financial sector, establishing it as a leader in a rapidly evolving marketplace.

Bloomberg Businessweek highlighted that both ETFs have consistently outperformed the market since their inception, particularly demonstrating remarkable competitiveness throughout 2024. Pando Finance, a licensed and compliant virtual asset management firm, epitomizes the capabilities of Chinese institutions through rigorous risk management and sophisticated investment strategies.

Harnessing Innovation through AI and Blockchain

The Pando CMS Innovation ETF primarily focuses on investments in companies harnessing cutting-edge technologies, including artificial intelligence (AI) and blockchain, to drive growth and create value. Notable contributors within this ETF include Spotify, which recorded significant milestones in the past year. The company achieved full-year profitability, with monthly active users climbing by 12% to an impressive 675 million. Revenue saw a 16% increase, bumping up to $4.2 billion, alongside improvements in gross margin, which reached 32.2%.

Similarly, the Pando CMS Blockchain ETF capitalizes on the growing trends in cryptocurrency and blockchain technology. MicroStrategy, a key holding in this ETF, utilized a strategic Bitcoin investment approach that significantly enhanced its stock performance during 2024, driven by transparent and progressive corporate decisions.

Both ETFs hold a curated selection of high-growth, well-governed companies, positioning Pando Finance favorably in an increasingly competitive landscape. As actively managed ETFs, they offer Pando Finance added flexibility, enabling them to swiftly capture emerging investment opportunities within these high-growth sectors.

Significance of the Bloomberg Businessweek Awards

The Top Funds Awards are a hallmark of excellence within the investment community, utilizing Bloomberg's comprehensive data system to conduct an in-depth analysis of top funds across various categories, including mutual funds, ETFs, and mandatory provident funds (MPFs). This rigorous evaluation process weighs historical performance against industry peers, offering objective ratings that reflect true market standing.

Now entering its 11th year, the Top Funds 2024 initiative aims to uplift investor education regarding local fund markets and encourage excellence within the industry. It fosters the optimization of asset management strategies aimed at maximizing returns on investment. Through extensive quantitative analysis, outstanding performers in the realms of mutual funds, ETFs, and MPFs are identified, shining a light on the remarkable contributions of their fund managers to the success of the industry.

About Pando Finance

Pando operates as a licensed virtual asset management company, exerting a substantial influence across Europe, Asia, and North America while maintaining comprehensive retail market capabilities. With esteemed licenses from Hong Kong's Securities and Futures Commission, Pando is empowered to allocate a significant portion of its portfolio to virtual assets and advises on funds with notable virtual asset exposure.

In 2022, Pando established its headquarters in Zurich, launching Bitcoin and Ethereum spot ETPs and the Pando6 Index Fund ETP on the Swiss Exchange. With a strategic approach dedicated to digital asset management, Pando has accumulated invaluable experience in the domain, offering diverse investment solutions designed to attract a wide array of investors.

For those interested in exploring Pando Finance's innovative products further, additional information can be found at www.pandofinance.com.hk.