Hantoo Asset Management's ACE Global Semiconductor TOP4 ETF Surpasses 500 Billion KRW in Net Assets

Korea Investment Trust Management announced on the 11th that the 'ACE Global Semiconductor TOP4 Plus SOLACTIVE Exchange-Traded Fund (ETF)' has surpassed 500 billion KRW in net asset value.

According to the Korea Exchange, the net asset value of the ACE Global Semiconductor TOP4 Plus SOLACTIVE ETF reached 506 billion KRW as of the closing price on the 10th. This means the fund has grown more than fourfold compared to the net asset value of 111.3 billion KRW at the end of last year.

The year-to-date return of the ACE Global Semiconductor TOP4 Plus SOLACTIVE ETF is 69.18%, ranking first among 31 semiconductor ETFs listed domestically. The returns over the past 6 months and 1 year were 69.74% and 91.41%, respectively. Individual investors have net purchased 137.5 billion KRW worth of the ACE Global Semiconductor TOP4 Plus SOLACTIVE ETF this year.

The ACE Global Semiconductor TOP4 Plus SOLACTIVE ETF is an ETF that effectively invests in the semiconductor industry by focusing on companies with global market dominance.

Seunghyun Kim, ETF Consulting Manager at Korea Investment Trust Management, said, "In the era of big tech, the semiconductor industry is essential for realizing technological changes such as artificial intelligence (AI)." He added, "According to a report released by the Export-Import Bank of Korea in May, the AI semiconductor market, which was 41.1 billion USD in 2022, is expected to grow at an average annual rate of 21.6% to reach 133 billion USD by 2028."

The ACE Global Semiconductor TOP4 Plus SOLACTIVE ETF is a performance dividend product, and past performance does not guarantee future results. Principal loss may occur depending on management outcomes.

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