Korea Investment Management's 'Nvidia Value Chain Active' Surpasses 260 Billion Won in Net Assets

Korea Investment Management's 'Nvidia Value Chain Active' Surpasses 260 Billion Won in Net Assets

The net assets of the 'ACE Nvidia Value Chain Active' exchange-traded fund (ETF), managed by Korea Investment Trust Management, have exceeded 260 billion won.

According to the Korea Exchange on the 7th, the net assets of the ETF were tallied at 260.9 billion won based on the closing price of the previous day. After breaking through 250 billion won on the 4th (250.8 billion won), it increased by about 10 billion won in just one day.

The ACE Nvidia Value Chain Active ETF uses the KEDI (Korea Economic Daily Index) Global Artificial Intelligence (AI) Semiconductor Index as its underlying index.

As of the previous day, Nvidia's inclusion ratio was 20.9%, and TSMC, SK Hynix[000660], Vertiv Holdings, Intel, and Lumentum accounted for the top proportions of the constituent stocks.

With the global semiconductor market size approaching 1 trillion dollars, it is analyzed that buying interest has concentrated on ETFs that invest in AI semiconductor-related companies, primarily Nvidia.

Korea Investment Management announced that the one-month return of the ACE Nvidia Value Chain Active ETF was 35.92%, achieving the highest performance among overseas equity products within the value chain category.