According to the Korea Exchange, the five ETFs recorded a combined net asset value of 1.5398 trillion won as of the closing price on May 14, surpassing the 1.5 trillion won mark for the first time. As of the closing price on May 16, the net asset value stood at 1.535 trillion won, reflecting continued rapid growth.
As of May 16, the products included in the series, ranked by net asset value, are as follows: ACE Tesla Value Chain Active ETF (1.2451 trillion won), ACE Nvidia Value Chain Active ETF (232.8 billion won), ACE Microsoft Value Chain Active ETF (23.8 billion won), ACE Google Value Chain Active ETF (21.9 billion won), and ACE Apple Value Chain Active ETF (11.4 billion won).
The ACE Value Chain Active ETF series is an active ETF that invests in leading global big tech companies and their respective value chains. Each ETF selects and includes stocks from various industries such as electric vehicles, semiconductors, cloud computing, and artificial intelligence, all of which are closely related to the core businesses of the target companies. The series is designed to flexibly respond to structural changes within industries and supply chain realignments.
The rapid growth of this series is attributed to strong interest from individual investors as well as its outstanding performance. Since the beginning of the year, individual investors have made net purchases totaling 264.2 billion won in this series. Of this amount, net purchases of the ACE Tesla Value Chain Active ETF reached 244.8 billion won, while the ACE Nvidia Value Chain Active ETF saw net purchases of 17 billion won.
The recent returns of the series have also been impressive. Over the past month, the average return of the five ETFs was 21.52%, exceeding the 17.36% return of the US Nasdaq 100 Index during the same period. During this period, the ACE Tesla Value Chain Active ETF and ACE Nvidia Value Chain Active ETF, which saw strong demand from individual investors, recorded returns of 29.46% and 27.06% respectively, contributing to the growth in net assets. Both products experienced some volatility at the end of last year when the US stock market underwent a correction. The ACE Tesla Value Chain Active ETF posted a six-month return of 4.09% and a one-year return of 51.97%. The ACE Nvidia Value Chain Active ETF had a six-month return of -10.52% but has recently rebounded. The net asset value of these two ETFs surpassed 1.2 trillion won and 200 billion won on May 14 and May 12, respectively.
Choi Mingyu, Head of Global Equity Management at Korea Investment Management, stated, "Investor interest in ETFs that invest in leading US big tech companies and their value chains continues to be strong. Recently, as the US-China tariff negotiations have concluded, funds have flowed into the big tech value chain active ETF series, which are expected to benefit from this development."
He added, "In the case of Nvidia and its value chain, a large-scale supply plan for artificial intelligence (AI) chips was recently announced, and the strong trend of AI infrastructure investment is expected to continue."
It should be noted that the five ACE ETFs are performance-based products, and principal loss may occur depending on investment results.
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