ACE Google Value Chain Active ETF Surpasses 100 Billion Won in Net Assets

Korea Investment Management announced that the net asset value of the ACE Google Value Chain Active Exchange-Traded Fund (ETF) has surpassed 100 billion won.

According to the Korea Exchange, as of the closing price on December 11, the net asset value of the ACE Google Value Chain Active ETF stood at 113.6 billion won. Since the beginning of the year, individual investors have made net purchases totaling 32.8 billion won, indicating a steady buying trend. The fund inflow is attributed to its active management strategy and strong performance.

The ETF posted a six-month return of 54.38%, outperforming its benchmark index by 12.12 percentage points. Its one-year return was confirmed at 47.39%.

The ACE Google Value Chain Active ETF is characterized by its focus not only on the GPU-centered competitive landscape but also on the independently developed Tensor Processing Unit (TPU) ecosystem that Google is building. Currently, Google is expanding a differentiated ecosystem through its proprietary artificial intelligence (AI) chip, the TPU, setting itself apart from Nvidia. The value chain and investment network are said to be appropriately reflected in the ETF's portfolio.

The ETF allows investment in the structural growth potential across industries such as Broadcom, Google's key partner for application-specific integrated circuits (ASICs); Samsung Electronics, a supplier of high-bandwidth memory (HBM); and new revenue models Google is exploring in fields like healthcare and precision medicine. The main components of the ETF include: ▲Google (21.46%) ▲Broadcom (17.64%) ▲Celestica (7.31%) ▲Micron Technology (4.32%) ▲Lumentum Holdings (4.31%) ▲Samsung Electronics (4.25%).

Kim Wonjae, Head of Global Equity Management at Korea Investment Management, stated, "Since the spread of generative AI, the TPU-based ecosystem has been experiencing explosive growth," adding, "Google's unique AI technology and strategic network are expected to provide opportunities across the entire value chain."

He continued, "The ACE Google Value Chain Active ETF stands out by offering investment opportunities in companies that are growing in their own domains, moving beyond the fiercely competitive GPU-centered investments. Going forward, we plan to actively reflect industry changes in the portfolio through timely rebalancing."

As a performance-based product, the ETF's past returns do not guarantee future returns, and principal loss may occur depending on the management results.

원본보기 아이콘

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.