ACE US AI Tech Core Industry Active ETF Records 28.1 Billion KRW in Net Individual Purchases on Listing Day

Korea Investment Management announced on October 29 that the ACE US AI Tech Core Industry Active Exchange Traded Fund (ETF) recorded a net purchase amount of 28.1 billion KRW by individual investors on its listing day.

According to the Korea Exchange, on October 28, the ACE US AI Tech Core Industry Active ETF saw net purchases by individual investors totaling 28.1 billion KRW. This figure marks the highest net purchase amount by individuals on the listing day among all newly listed ACE ETFs to date.

Jung Yutae, Head of Global Equity Management and fund manager, explained, "For investors who want to invest in artificial intelligence (AI) but are unsure which sectors to target, the ACE US AI Tech Core Industry Active ETF appears to be a strong investment option."

He added, "As an active product, it will not only flexibly respond to changes by reflecting market conditions and industry developments, but will also include next-generation AI companies."

The ACE US AI Tech Core Industry Active ETF is a performance-based product, and principal loss may occur depending on investment results.

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