Hantoo Asset Management, ACE Big Tech Value Chain Active ETF Series... "Net Assets Surpass 500 Billion Won"
Korea Investment Trust Management announced on the 26th that the net asset value of the ACE Big Tech Value Chain Active Exchange-Traded Fund (ETF) series has surpassed 500 billion KRW.
The ACE Big Tech Value Chain Active ETF series is characterized by selecting and investing in leading companies within the industry and their related key supply chain (value chain) companies. The series began with the launch of the ACE Tesla Value Chain Active ETF in May last year. This ETF includes Tesla, the world's number one electric vehicle manufacturer, and Tesla's key supply chain (value chain) companies in its portfolio. As of the 25th, its net asset value stands at 285.2 billion KRW, making it the largest among the ACE Value Chain Active ETF series.
Following the ACE Tesla Value Chain Active ETF, the ACE Nvidia Value Chain Active ETF has the next largest net asset value at 135.8 billion KRW. The ACE Nvidia Value Chain Active ETF focuses on Nvidia, a core company in the artificial intelligence (AI) semiconductor sector, along with related value chain companies. At its listing on June 11, all 800,000 shares were sold out, and since then, it has recorded net purchases by individual investors every trading day without exception. During this period, the net purchase amount by individual investors in the ACE Nvidia Value Chain Active ETF reached 94.9 billion KRW.
The ACE Apple Value Chain Active ETF, ACE Google Value Chain Active ETF, and ACE Microsoft Value Chain Active ETF, which were listed on the same day, have also consistently seen net buying by individual investors. These three ETFs invest respectively in Apple, Google, Microsoft, and their related value chain companies. Each product invests in various AI fields such as △ On-Device AI (ACE Apple Value Chain Active ETF) △ Cloud (ACE Google Value Chain Active ETF) △ Generative AI (ACE Microsoft Active ETF), which appears to have attracted investor interest across the entire series. The net asset values of the ACE Apple Value Chain Active ETF, ACE Google Value Chain Active ETF, and ACE Microsoft Value Chain Active ETF are 36.6 billion KRW, 30.1 billion KRW, and 28.3 billion KRW, respectively.
The ACE Big Tech Value Chain Active ETF series fully demonstrates the characteristics of active ETFs. Not only the four ACE Big Tech Value Chain Active ETFs listed less than a month ago but also the ACE Tesla Value Chain Active ETF, which has been listed for over a year, have all recorded performance exceeding their benchmark indices. In particular, the ACE Tesla Value Chain Active ETF's return since listing is 19.02 percentage points higher than its benchmark. Over the recent one-year and six-month periods, it also showed returns 5.83 and 4.28 percentage points higher than the benchmark, respectively. Investing in the ACE Big Tech Value Chain Active ETF series allows investors to selectively invest in companies that have established economic moats within the industry and have demonstrated excellent performance.
Choi Min-gyu, Head of Global Equity Management at Korea Investment Trust Management, said, "The ACE Big Tech Value Chain Active ETF series is a product launched based on Korea Investment Trust Management's research capabilities and active management expertise."
Hot Picks Today
"You Might Regret Not Buying Now"... Overseas Retail Investors Stirred by News of Record-Breaking Monster Stocks' IPOs
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Mistaken for the Flu, Left Untreated... Death Toll Surges as WHO Declares Emergency (Comprehensive)
- Iranian Stock Market Reopens After 80 Days Following War
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
He added, "Since all five products are active ETFs, we will continue to deliver good performance to investors through proactive management strategies that read market trends and predict future directions. We hope investors take advantage of both the performance from investing in major big tech companies and the tax benefits by utilizing pension plans and Individual Savings Accounts (ISA)."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.