Korea Investment Management's ACE AI Semiconductor TOP3+ ETF Surpasses 1 Trillion Won in Net Assets

Korea Investment Management announced on the 15th that the net asset value (NAV) of the 'ACE AI Semiconductor TOP3+' exchange-traded fund (ETF) has surpassed 1 trillion won.

According to the Korea Exchange, as of May 14, the NAV of this ETF reached 1.0728 trillion won. This means the fund has doubled in size in just two months since exceeding 500 billion won in net assets last March, with a NAV growth rate of approximately 703% so far this year.

This rapid growth is attributed to a strategy that focuses investment on leading domestic companies in the high bandwidth memory (HBM) market. The ACE AI Semiconductor TOP3+ ETF concentrates about 75% of its portfolio on three stocks: SK hynix and Samsung Electronics, which rank first and second globally in HBM market share, and Hanmi Semiconductor, the world leader in TC bonder equipment essential for HBM manufacturing. The ETF also includes high-quality semiconductor materials, parts, and equipment stocks such as Samsung Electro-Mechanics, Jusung Engineering, Simmtech, and Daeduck Electronics to round out its portfolio.

The ETF has also demonstrated excellent returns. Over the past six months and one year, it has posted returns of 206.11% and 471.10%, respectively. These figures far exceed the average returns (six months: 142.76%, one year: 319.91%) of the 30 domestic semiconductor ETFs (excluding leveraged products) classified by ETF Check. The fund’s strategy of focusing on key beneficiaries amid the expansion of the artificial intelligence (AI) industry and the resulting long-term semiconductor boom has outperformed the market average.

Nam Yongsoo, Head of the ETF Division at Korea Investment Management, stated, "As the expansion of the AI industry drives the semiconductor super-cycle, HBM—a core component of the AI semiconductor sector—remains dominated by domestic companies. Through the ACE AI Semiconductor TOP3+ ETF, investors can gain exposure not only to Samsung Electronics and SK hynix but also to Hanmi Semiconductor, a key supplier of HBM-related equipment, all at once."

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