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Korea Investment Trust Management Co. announced on the 7th that its 'ACE NVIDIA Value Chain Active Exchange Traded Fund (ETF)' recorded the highest returns among foreign value chain ETFs listed in Korea this year.
According to the Korea Exchange, as of the 6th, the year-to-date return of 'ACE NVIDIA Value Chain Active ETF' recorded 95.14%.
This is the highest level among foreign value chain ETFs listed on the domestic stock market, significantly outperforming the average return of products of the same type (35.13%). Its returns over the recent 6 months and 1 year also showed high performance, at 83.23% and 187.28% respectively.
Although NVIDIA's stock price has recently been stagnant compared to memory semiconductor stocks, this ETF achieved differentiated performance with a strategy of investing in the entire NVIDIA-led AI infrastructure ecosystem.
Investor capital inflow has also continued steadily, with net assets reaching 362.9 billion won.
This ETF is an active product that goes beyond focusing on NVIDIA to identify and invest in companies benefiting from the entire AI ecosystem.
It includes not only NVIDIA but also selects and incorporates companies expected to benefit from the entire AI data center ecosystem, such as foundries, high bandwidth memory (HBM), semiconductor equipment, power and cooling infrastructure, networks, and custom semiconductors.
Included stocks are NVIDIA (23.41%), TSMC (15.63%), SK hynix[000660](8.56%), Samsung Electronics[005930](7.30%), Samsung Electro-Mechanics[009150](4.20%), Intel (4.03%), Marvell (3.77%), and others.
The fund manager explained, 'The proactive reflection of the trend in AI semiconductor investment shifting from GPU-centric to back-end value chains such as memory, foundries, power and cooling, and networks was crucial in boosting returns since the beginning of the year.'
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