Hantoo Asset Management ACE Nvidia Bond Mixed Bloomberg, 1-Year Return No.1 Among Multi-Asset ETFs

Korea Investment Trust Management announced on the 27th that the ACE NVIDIA Bond Mixed Bloomberg Exchange-Traded Fund (ETF) ranked first in returns among multi-asset ETFs over the past year.

As of the 26th of this month, the ACE NVIDIA Bond Mixed Bloomberg ETF posted a one-year return of 43.40%. This is the highest figure among 42 products classified as multi-asset ETFs within the Koscom ETF CHECK. During the same period, the average one-year return for multi-asset ETFs was 13.88%. The ACE NVIDIA Bond Mixed Bloomberg ETF also ranked first in performance since the beginning of the year (40.75%) and over the past six months (19.80%).

The ACE NVIDIA Bond Mixed Bloomberg ETF is the first single-stock ETF listed domestically by Korea Investment Trust Management on November 29, 2022. Its underlying index tracks the "Bloomberg Blended NVIDIA Equity and Korean Bond Total Return Index," calculated and published by Bloomberg.

This ETF invests approximately 30% concentrated in NVIDIA, while the remaining roughly 70% is allocated to stable bonds such as government bonds and Monetary Stabilization Bonds with credit ratings of AA- or higher. It is characterized by pursuing growth by holding the largest proportion of NVIDIA among domestically listed ETFs, the AI (Artificial Intelligence) leader, while enhancing investment stability through the inclusion of ultra-short-term bonds with maturities around one year.

The high bond allocation ratio translates into usability within pension accounts. The ACE NVIDIA Bond Mixed Bloomberg ETF can be invested in up to 100% within defined contribution (DC) retirement pensions, individual retirement pensions (IRP), and personal pensions. Through the ACE NVIDIA Bond Mixed Bloomberg ETF, investors can increase their NVIDIA investment ratio within pension accounts.

Seunghyun Kim, ETF Consulting Manager at Korea Investment Trust Management, explained, "The ACE NVIDIA Bond Mixed Bloomberg ETF invests about 70% in safe bonds such as government bonds, resulting in smaller declines compared to individual stock investments even in highly volatile markets, while concentrating on the high-growth NVIDIA, achieving a high return of 109.65% since listing."

He added, "NVIDIA, which is scheduled to announce its Q2 earnings on the 28th local time, is expected to surpass consensus estimates with increased data center sales and profits, maintaining strong investment appeal. Since the ACE NVIDIA Bond Mixed Bloomberg ETF can be held up to 100% within pension accounts, it will be a good option for investors who want to increase their NVIDIA investment ratio within their pension accounts."

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