Hantoo Asset Management, ACE Global Semiconductor TOP4 Plus... "Number 1 in Returns Since the Beginning of the Year"

Korea Investment Trust Management announced on the 16th that the ACE Global Semiconductor TOP4 Plus SOLACTIVE Exchange-Traded Fund (ETF) ranked first in year-to-date returns among domestic global semiconductor ETF products.

According to Koscom ETF CHECK, the ACE Global Semiconductor TOP4 Plus SOLACTIVE ETF recorded a year-to-date return of 35.52% as of the closing price on the 14th. Among the 22 global semiconductor ETF products listed domestically, excluding leveraged products, it showed the highest return. The 6-month and 1-year returns were 47.11% and 81.62%, respectively.

The ACE Global Semiconductor TOP4 Plus SOLACTIVE ETF, launched in November 2022, has been steadily growing thanks to the growth trend in the global semiconductor market and net purchases by individual investors. The ETF's net assets under management (AUM) reached 350.5 billion KRW, more than tripling from 111.2 billion KRW at the end of last year. Additionally, of the total 187.5 billion KRW inflow into the ETF since the beginning of the year, individual investors accounted for net purchases of 90.9 billion KRW, indicating continuous net buying by individual investors.

This ETF is characterized by concentrated investment in leading companies in each sector within the semiconductor industry. The representative companies are selected as the top firms in four sectors within the industry: △Memory △Non-memory △Foundry △Semiconductor Equipment. The current top four companies' weightings are NVIDIA (21.77%), TSMC (21.29%), ASML (19.89%), and Samsung Electronics (17.08%), respectively. Besides these four companies, the ETF includes other top market capitalization stocks in the semiconductor industry, such as △Texas Instruments △Qualcomm △Applied Materials △Broadcom △AMD △Intel, each comprising about 2-3% of the portfolio.

Kim Seung-hyun, ETF Consulting Manager at Korea Investment Trust Management, explained, “The biggest beneficiary of AI is the semiconductor industry. This ETF focuses on the top companies like NVIDIA and TSMC, which are expected to benefit the most across global semiconductor sectors following the adoption of generative AI, allowing investors to directly experience the impact of these companies' growth.” He added, “Because it reflects the current trends in the semiconductor industry well, it was able to achieve high returns.”

He also stated, “Going forward, the top companies will solidify their market share with overwhelming technological capabilities while continuing to widen the gap with lower-tier companies,” adding, “It is important to invest in core companies by understanding industry trends such as market development centered on monopoly companies and the U.S.-led semiconductor alliance.”

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