ACE US Big Tech TOP7 Plus ETF Surpasses 1 Trillion Won in Net Assets

Korea Investment Management announced on December 1 that the net asset value of the ACE US Big Tech TOP7 Plus Exchange-Traded Fund (ETF) has surpassed 1 trillion won.

According to the Korea Exchange, as of November 28, the net asset value of the ACE US Big Tech TOP7 Plus ETF stood at 1.0208 trillion won. Since its listing in September 2023, the ETF has grown to the 1 trillion won mark in approximately 2 years and 2 months. Among the 24 big tech ETFs listed in Korea, only two-including the ACE US Big Tech TOP7 Plus ETF-have a net asset value exceeding 1 trillion won.

The ACE US Big Tech TOP7 Plus ETF has experienced steady inflows of capital this year, driving its growth. According to ETF Check, 259.3 billion won has flowed into this ETF so far this year.

Individual investors account for a significant portion of the total capital inflow. This year, the net purchases of the ACE US Big Tech TOP7 Plus ETF by individual investors amounted to 149.2 billion won. In comparison, the average net purchases by individual investors for big tech ETFs during the same period was only 30.6 billion won.

The ACE US Big Tech TOP7 Plus ETF has delivered a return of 129.49% over the past two years, ranking among the top big tech ETFs. The only two products with higher returns than the ACE US Big Tech TOP7 Plus ETF are both leveraged ETFs. The one-year and six-month returns were also 43.47% and 37.89%, respectively, both exceeding the average for big tech ETFs during the same periods (27.76% and 29.21%).

The ACE US Big Tech TOP7 Plus ETF employs a strategy of investing in stocks with the largest market capitalization and changes its portfolio through four regular rebalancing sessions each year. For investors, investing in the ACE US Big Tech TOP7 Plus ETF allows for continued exposure to major big tech companies.

Nam Yongsoo, Head of ETF Management at Korea Investment Management, stated, "In the short term, the stock prices of big tech companies may be volatile, but given their strong long-term growth potential, I recommend investing in the ACE US Big Tech TOP7 Plus ETF through pension accounts and other means."

The ACE ETF is a performance-based product, and past performance does not guarantee future results. In addition, principal loss may occur depending on the management outcome.

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