Korea Investment Management announced that its ACE Global Semiconductor TOP4 Plus exchange-traded fund (ETF) has surpassed 700 billion won ($515 million) in net assets.
According to Korea Exchange data released Sunday, the ETF's net assets reached 705.3 billion won based on the previous day's closing price. The fund has attracted approximately 100 billion won in additional inflows in less than two months since exceeding 600 billion won at the end of October.
The ACE Global Semiconductor TOP4 Plus ETF invests across four core semiconductor sectors: memory, non-memory, foundry, and semiconductor equipment. Top holdings include SK hynix (000660.KS) at 24.15%, ASML at 20.83%, Nvidia at 17.80%, and TSMC at 17.79%—companies leading the global semiconductor industry.
This structural diversification has delivered strong performance. Since its listing on November 15, 2022, the fund has returned 351.67%. Three-year and one-year returns stand at 336.26% and 81.01%, respectively. Analysts attribute the results to diversified exposure across leading companies in Korea, the Netherlands, Taiwan, and the United States, which has helped mitigate sector volatility.
Fund inflows remain robust. According to ETF Check data, the ACE Global Semiconductor TOP4 Plus attracted 69.7 billion won over the past month, far exceeding the 27.6 billion won average among 51 domestically listed semiconductor ETFs. Individual investors recorded net purchases of 14.9 billion won during the same period, reflecting sustained demand.
"Artificial intelligence has become more than just a technology—it is a massive paradigm reshaping industries and society as a whole," said Nam Yong-soo, head of ETF management at Korea Investment Management. "Semiconductors are the core driver making this innovation possible."
Nam added, "The ACE Global Semiconductor TOP4 Plus ETF focuses on global leaders with dominant positions across the four key processes needed for AI infrastructure. It will be a suitable choice for capturing long-term growth opportunities in this AI-driven transition."
