Hanhwa Investment & Securities "Investing in Batman with ACE US Big Tech TOP7 Plus"

Korea Investment Trust Management announced on the 7th that the ACE US Big Tech TOP7 Plus Exchange-Traded Fund (ETF) includes all the leading stocks of the US stock market known as 'BATMMAAN.'

'BATMMAAN' is a term created by taking the first letters of eight stocks that US Wall Street investment banks expect to lead the US stock market this year. It adds 'Broadcom' to the Magnificent 7 (M7) stocks that led the US stock market's rise last year: △Apple △Tesla △Microsoft △Meta △Amazon △Alphabet (Google) △NVIDIA.

The ACE US Big Tech TOP7 Plus ETF is a product launched by Korea Investment Trust Management in September 2023. It includes the top 10 big tech stocks listed on the US Nasdaq exchange, with a higher investment weight on the top 7 stocks among the 10.

As of the previous day (6th), the composition ratios were △Amazon (16.01%) △Google (Alphabet, 15.77%) △Apple (14.31%) △NVIDIA (14.04%) △Microsoft (13.50%) △Broadcom (11.21%) in order. Besides these stocks, it also includes Meta (9.05%), Tesla (2.38%), Netflix (1.81%), and AMD (1.06%), covering all the stocks considered leading in the US market this year.

The selection of constituent stocks reflecting market characteristics is showing results. The ACE US Big Tech TOP7 Plus ETF recorded a return of 85.58% over the past year, the highest performance among big tech ETFs listed domestically (excluding leveraged products).

Including leveraged products, the leveraged type of this ETF, ACE US Big Tech TOP7 Plus Leverage (Synthetic) ETF, ranked first with 208.15%. The recent 6-month returns of the ACE US Big Tech TOP7 Plus ETF and the ACE US Big Tech TOP7 Plus Leverage (Synthetic) ETF were 19.18% and 33.14%, respectively.

Individual investors' net buying momentum continues. From December 5 last year to the 6th of this month, individual investors have been purchasing this ETF for 20 consecutive trading days. The net buying amount by individual investors during this period reached 44.6 billion KRW.

Kim Seunghyun, head of ETF consulting at Korea Investment Trust Management, said, “This year as well, steady growth of the US stock market centered on big tech is expected,” adding, “This is why the ACE US Big Tech TOP7 Plus ETF, which selects and invests in stocks with long-term growth potential, deserves attention.”