ACE KRX Gold Spot ETF Surpasses 3.5 Trillion Won in Net Assets

Korea Investment Management announced on December 16 that the net asset value of the ACE KRX Gold Spot Exchange-Traded Fund (ETF) has surpassed 3.5 trillion won.

The ACE KRX Gold Spot ETF is the first gold spot product launched by Korea Investment Management among domestic asset management companies in 2021. Its underlying index is the 'KRX Gold Spot Index,' which is calculated and published by the Korea Exchange. As a spot-type product, up to 70% investment is allowed in defined contribution (DC) pension plans and individual retirement pensions.

According to the Korea Exchange, as of December 15, the net asset value of the ACE KRX Gold Spot ETF stood at 3.558 trillion won. This represents a growth of approximately 471% from the year-end net asset value of 622.8 billion won last year.

The main driver behind the growth of the ACE KRX Gold Spot ETF has been net buying by individual investors. According to ETF CHECK, individual investors have made net purchases totaling 1.1349 trillion won of this ETF so far this year.

Total inflows, including individual investors’ net purchases, reached 2.1927 trillion won, reflecting strong market interest. The amount of capital inflow recorded by the ACE KRX Gold Spot ETF ranks fifth among all domestically listed ETFs.

The performance has also been outstanding. The ACE KRX Gold Spot ETF posted a return of 59.41% compared to the end of last year. The one-year and three-year returns were 63.87% and 167.10%, respectively. Since its listing, the cumulative return has reached 191.44%.

Nam Yongsoo, Head of ETF Management at Korea Investment Management, stated, "Considering the U.S. Federal Reserve's interest rate cuts and the gold demand from central banks around the world, gold prices are expected to continue rising in 2026 as well. The ACE KRX Gold Spot ETF is highly effective as a portfolio diversification tool, so it would be beneficial to invest through pension accounts and similar vehicles."

The ACE KRX Gold Spot ETF is a performance-based product, and past performance does not guarantee future results. Investors should also be aware that principal loss may occur depending on the management results.

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