Korea Investment Management’s “ACE AI Semiconductor TOP3+” ETF Surpasses 100 Billion Won in Net Individual Purchases This Year
Net Individual Purchases Reach 105.5 Billion Won Since Start of Year
Total Inflows Hit 274.8 Billion Won
Korea Investment Management Co., Ltd. announced on April 28 that the net individual purchases flowing into the “ACE AI Semiconductor TOP3+” Exchange Traded Fund (ETF) this year have surpassed 100 billion won.
According to the Korea Exchange, as of the previous day, the net individual purchases into the ACE AI Semiconductor TOP3+ ETF totaled 105.5 billion won. The total inflow, including net individual purchases, reached 274.8 billion won.
Listed in October 2023, the ACE AI Semiconductor TOP3+ ETF tracks the “FnGuide AI Semiconductor Focus Index.” It primarily invests in the three key high-bandwidth memory (HBM)-related semiconductor companies within the artificial intelligence (AI) sector. Samsung Electronics, SK hynix, and Hanmi Semiconductor each make up approximately 25 percent of the holdings.
The strategy of concentrating investments in these core stocks is said to have translated into strong performance. Since the beginning of the year, the ACE AI Semiconductor TOP3+ ETF has delivered a return of 120.06 percent—the highest among the 29 K-Semiconductor ETFs (excluding leveraged funds). Its six-month and one-year returns were 138.53 percent and 381.73 percent, respectively, both exceeding the K-Semiconductor ETF average.
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Nam Yongsoo, Head of ETF Division at Korea Investment Management Co., Ltd., stated, “Although the volatility in semiconductor stocks has recently increased, from a fundamental perspective, the trend of rising AI demand and continued AI facility investment remains unchanged.” He added, “Our investment strategy focusing on the three major HBM leaders—at the core of AI infrastructure—through the ACE AI Semiconductor TOP3+ ETF, remains valid.”
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