Korea Investment Trust Management, ACE US Stock Bestseller ETF Newly Listed

Korea Investment Trust Management announced on the 22nd that it will newly list the ACE US Stock Bestseller Exchange-Traded Fund (ETF) on the Korea Exchange on the 27th.

The ACE US Stock Bestseller ETF features the top 10 best-selling US stocks most purchased by domestic investors. The underlying index is the 'FnGuide US Equity Best Seller Price Return Index KRW Converted Index,' calculated and published by FnGuide.

The 10 stocks included in the ACE US Stock Bestseller ETF are based on foreign securities deposit and withdrawal data provided by the Korea Securities Depository. This data reflects not only the trading trends of individual investors but also the foreign securities deposit and withdrawal and trading trends of investment dealers, brokers, and general corporations, encompassing the overall trading status of domestic investors in US stocks. This allows for an accurate understanding of domestic investors' preferences for overseas stocks based on precise figures.

To quickly reflect investor trading trends, portfolio adjustments (rebalancing) are conducted monthly. The portfolio consists of the top 5 stocks by net foreign securities deposit settlement amount, total settlement amount, and custody amount, accounting for 80%, and the remaining 5 stocks accounting for 20%. As of the 21st, the top stocks included are Tesla, Apple, Nvidia, AMD, Palantir, and Eli Lilly.

Measures to enhance investment stability have also been established. A representative example is that, in addition to net purchase amount, total settlement amount, and custody amount, financial soundness is also considered when selecting stocks. Financial soundness is based on either three consecutive years of net profit or a reduction in net loss.

Nam Yong-su, Head of ETF Management at Korea Investment Trust Management, explained, "The ACE US Stock Bestseller ETF is the first ETF product to reflect domestic investors' overseas stock preferences based on accurate data," adding, "Interest and importance in US stocks as an investment vehicle are steadily increasing, which led to the launch of the ACE US Stock Bestseller ETF."

He continued, "Due to investment platforms and various investment content, domestic investors' overseas stock investments will continue in the future," and said, "Through the ACE US Stock Bestseller ETF, which utilizes data from the reputable Korea Securities Depository, investors can enjoy the benefits of diversified investment in US stocks."

Meanwhile, the ACE US Stock Bestseller ETF is a performance dividend-type product, and principal loss may occur depending on the management results.

This content was produced with the assistance of AI translation services.