ACE US Benchmark Index ETFs See Combined Individual Net Purchases Surpass 800 Billion Won Since Start of Year

Korea Investment Management announced on November 19 that the net purchase amount by individual investors for two exchange-traded funds (ETFs) investing in the ACE US benchmark indices has surpassed 800 billion won since the beginning of the year. The two ETFs are the ACE US S&P500 ETF and the ACE US Nasdaq100 ETF.

According to the Korea Exchange, as of the closing price on November 18, the combined net purchases by individual investors for these two ETFs reached 802.2 billion won, surpassing the 800 billion won mark for the first time. The net purchase amount was 447.5 billion won for the ACE US S&P500 ETF and 354.7 billion won for the ACE US Nasdaq100 ETF.

The ACE US S&P500 ETF is a product that tracks the US Standard & Poor’s (S&P) 500 Index, which represents the US stock market. It includes blue-chip stocks from core technology sectors, as well as financials, energy, and essential and consumer discretionary sectors, allowing easy investment in the top 500 US companies by market capitalization. The recent net asset value of the ACE US S&P500 ETF was reported at 2.7567 trillion won.

The ACE US Nasdaq100 ETF tracks the US Nasdaq (NASDAQ) 100 Index, which consists of leading US technology stocks. It invests in 100 global technology leaders, including Nvidia, Apple, Tesla, and Microsoft, making it a suitable product for long-term investment in future growth potential. The recent net asset value of the ACE US Nasdaq100 ETF was 2.2797 trillion won.

The strong interest from individual investors in these two products is attributed to their excellent long-term performance. The six-month returns for the ACE US S&P500 ETF and the ACE US Nasdaq100 ETF were 18.30% and 21.73%, respectively. The one-year and three-year returns were 18.13% and 82.29% for the ACE US S&P500 ETF, and 25.59% and 128.68% for the ACE US Nasdaq100 ETF.

Low total expense ratios have also played a significant role in attracting individual investors. The annual total expense ratios for the two products are 0.0047% and 0.0062%, respectively, which are the lowest among domestically listed ETFs tracking the same indices.

Korea Investment Management is currently running a new purchase event for the two ACE US benchmark index ETFs. The event is divided into three types depending on the purchase method: purchase reward, monthly reward, and consistency reward. Detailed information can be found in the announcements on the official ACE ETF website.

Nam Yongsoo, Head of ETF Management at Korea Investment Management, stated, "The ACE US S&P500 ETF and ACE US Nasdaq100 ETF are gaining strong popularity among individual investors due to their outstanding diversification, excellent long-term performance, and low fees," adding, "In particular, when using a pension account, the tax deferral effect can be maximized for greater tax savings."

The two ACE US benchmark index ETFs are performance-based products, and past performance does not guarantee future results. In addition, principal loss may occur depending on the management results.

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