Korea Investment Trust Management announced on the 5th that it will hold a purchase event for the ACE Apple Value Chain Active Exchange-Traded Fund (ETF).
The event is for new investors in the ACE Apple Value Chain Active ETF and will run until the 20th. During the event period, participants can join by purchasing at least 10 shares of the ETF and subscribing to the ACE ETF KakaoTalk channel.
Korea Investment Trust Management will provide prizes through a draw among event participants, including ▲iPhone 16e ▲Apple Watch Series 10 ▲Sulbing Apple Mango Bingsu, among others.
Korea Investment Trust Management launched the ACE Apple Value Chain Active ETF in June last year. The benchmark index (BM) is the Bloomberg Top 30 Supply Chain Plus Apple Price Return Index. The ETF is characterized by investing in Apple and related value chain companies that are enhancing on-device artificial intelligence (AI) capabilities.
As an active product, it also conducts proactive portfolio adjustments. At the end of last year, the ETF increased its weighting in Broadcom and newly included Amazon, among others.
Broadcom is expected to benefit from increased AI demand as a leader in cloud and networking sectors. Amazon is a company that provides customized AI chips to support Apple intelligence learning. Currently, the weighting of these two stocks is 10.28% and 4.42%, respectively, with other top holdings including Apple (25.62%) and TSMC (10.79%).
Seonghoon Lee, the fund manager and head of the Global Strategy Management Department at Korea Investment Trust Management, stated, "The on-device AI market is projected to grow at an average annual rate of 37.7% to reach $173.9 billion by 2030," adding, "Through this event, investing in the ACE Apple Value Chain Active ETF can effectively provide exposure to on-device AI-related infrastructure with a single ETF."
The ACE Apple Value Chain Active ETF is a performance dividend product, and principal loss may occur depending on the management results.
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