Korea Investment Trust Management announced on the 17th that it will hold a gratitude event to celebrate the net asset value of the ACE Exchange-Traded Fund (ETF) surpassing 10 trillion won.
The event organized by Korea Investment Trust Management, titled 'Investing with ACE ETF is Truly 10 Trillion (Easy)', targets investors holding 10 or more shares of ACE ETF. ACE investors who add the ACE ETF KakaoTalk channel as a friend and then verify their holdings on a specially prepared page will be entered into a draw to receive prizes. The event is open for participation until the 31st.
The net asset value of ACE ETF exceeded 10 trillion won for the first time on the 25th of last month. At that time, the recorded net asset value was 10.0543 trillion won, with a market share of 6.63%. As of the 16th, the net asset value increased to 10.8211 trillion won.
The growth of ACE ETF is attributed to the differentiated product offerings. Since rebranding its ETF brand in October 2022, Korea Investment Trust Management has consistently introduced products needed by investors. Representative products include the ACE Global Semiconductor TOP4 Plus SOLACTIVE ETF and ACE US Big Tech TOP7 Plus ETF, which focus on leading global semiconductor and big tech companies; the first domestic ETF investing in US long-term government bonds (ACE US 30-Year Treasury Active (H)); and the first domestic ultra-short-term covered call ETF using zero-date-to-expiration (0DTE) options (ACE 15% Premium Distribution Series).
ACE ETF has also demonstrated excellent performance. According to the Korea Exchange, Korea Investment Trust Management’s ACE ETFs accounted for three of the top 10 domestic ETFs by first-half returns. Korea Investment Trust Management was the only company to have three or more products in the TOP10. Notably, excluding leveraged products, four ACE ETFs were included in the TOP10.
Kim Seung-hyun, head of ETF consulting at Korea Investment Trust Management, explained, "Thanks to the interest of investors, ACE ETF has steadily grown beyond a net asset value of 10 trillion won since the rebranding. We have prepared this gratitude event as a token of appreciation."
He added, "Going forward, ACE ETF will continue to aim for ‘investments where investors make money’ by timely supplying products needed by investors and striving to provide differentiated and objective investment information. We also ask for your continued interest in the ACE ETF blog and Korea Investment Trust Management’s YouTube channel."
All ACE ETFs are performance-distributing products, and principal loss may occur depending on operational results.
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