Hantoo Asset Management Hosts Event as ACE US 30-Year Treasury Active ETF Surpasses 1 Trillion KRW in Net Assets
Korea Investment Trust Management announced on the 12th that it will hold a gratitude event until the 21st of this month to celebrate the ACE US 30-Year Treasury Active (H) ETF, its listed exchange-traded fund (ETF), surpassing 1 trillion KRW in net asset value.
ACE US 30-Year Treasury Active (H), the first domestic physical ETF investing in long-term US bonds, surpassed 1 trillion KRW in net asset value on the 27th of last month, becoming the first 'ACE ETF' to do so. According to the Korea Exchange on the 11th, the ETF's net asset value reached 1.0512 trillion KRW, showing rapid growth in about one year since its listing in March 2023.
This growth is attributed to expectations of a US interest rate cut and continued interest from individual investors. Of the 510.6 billion KRW inflow into the ETF since the beginning of the year, 217.2 billion KRW came from individual investors. Accordingly, Korea Investment Trust Management planned the event as a way to give back to individual investors.
The participation method is simple. Visit the event application link in the announcements section on the ACE ETF website, solve a simple quiz, and submit the correct answers.
Korea Investment Trust Management will award prizes to a total of 333 participants selected by lottery. Prizes include iPad Air (3 winners), Domino's Pizza vouchers (30 winners), and Starbucks coffee vouchers (300 winners). Winners will be announced on the 30th via the ACE ETF blog.
Kim Seung-hyun, head of ETF consulting at Korea Investment Trust Management, said, "This event was prepared to thank investors who showed great interest in the ACE US 30-Year Treasury Active (H) ETF," adding, "We hope everyone who contributed to surpassing the '1 trillion' mark enjoys participating in the event."
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He continued, "We also ask for your continued interest not only in the ACE US 30-Year Treasury Active (H) ETF but also in the four ACE ETF long-term US bond investment lineups, including ACE US 30-Year Treasury Yen Exposure (H) ETF, ACE US 30-Year Treasury Active ETF, and ACE US 30-Year Treasury Futures Leverage (Synthetic H) ETF."
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