Korea Investment Trust Management "ACE ETF Captures Both Returns and Growth"

Korea Investment Trust Management announced on the 2nd that ACE Exchange-Traded Funds (ETFs) recorded the highest performance in both returns and growth last year.

According to the Korea Exchange, among domestic listed ETFs, the ETF with the highest return over the past year was the ACE US Big Tech TOP7 Plus Leverage (Synthetic) ETF, which posted a one-year return of 197.07%.

Besides the ACE US Big Tech TOP7 Plus Leverage (Synthetic) ETF, the ACE US Stock Bestseller ETF and ACE US Big Tech TOP7 Plus ETF ranked within the top 10 annual returns for 2024, with returns of 84.02% and 82.06%, respectively. Korea Investment Trust Management was the only company to have more than three products in the top 10 by return. The recent six-month returns for the ACE US Stock Bestseller ETF and ACE US Big Tech TOP7 Plus ETF were 33.35% and 23.54%, respectively.

Among ETF management companies, ACE ETFs recorded the highest increase in market share. The market share of ACE ETFs rose by 2.64 percentage points (P), from 4.92% at the end of 2023 to 7.56% at the end of 2024. This represents the largest growth among the 26 management companies operating ETF businesses domestically. Net assets also increased by 130.22%, from KRW 5.7014 trillion at the end of 2023 to KRW 13.1256 trillion at the end of 2024.

The growth of ACE ETFs is attributed to the active launch of new products. Korea Investment Trust Management introduced 21 new products last year, the highest annual number since it first launched ETF products in 2008. Among these 21 products were three covered call ETFs using daily options for the first time domestically, four ETFs investing in the value chain of big tech companies, and two India active ETFs introduced for the first time in Asia.

The excellent performance of existing products combined with the supply of new products led to continuous net buying by individual investors. According to the Korea Exchange, net buying by individual investors in ACE ETFs last year amounted to KRW 2.7645 trillion, accounting for 14% of the total net buying of all domestic listed ETFs. The net buying trend by individual investors was evenly observed not only in existing products such as ACE US 30-Year Treasury Active (H) ETF, ACE US Big Tech TOP7 Plus ETF, and ACE Global Semiconductor TOP4 Plus SOLACTIVE ETF but also in new products like ACE US Big Tech 7+ Daily Target Covered Call (Synthetic) ETF and ACE Nvidia Value Chain Active ETF.

Nam Yong-su, Head of ETF Management at Korea Investment Trust Management, said, "ACE ETFs have continuously provided investors with necessary information content along with active new product launches last year. This year, we will continue to introduce new ETFs and investment content needed by investors while making our best efforts to manage existing products stably."

All ACE ETFs are performance dividend-type products, and past performance does not guarantee future results. Additionally, investors should be aware of the possibility of principal loss depending on management outcomes.