Korea Investment Management said the net assets of its ACE Nvidia Value Chain Active exchange-traded fund (ETF) have surpassed 250 billion won ($180 million).
The ETF's net assets stood at 250.8 billion won as of the closing price on the 4th of this month, according to the Korea Exchange on the 7th. That marks an increase of more than 35% since the start of the year, up from 184.5 billion won at the end of last year. The fund posted returns of 62.65% over the past six months and 231.40% over the past year.
According to Samjong KPMG Economic Research Institute's "2026 Global Semiconductor Industry Outlook" report, the global semiconductor market is currently valued at approximately $975 billion, approaching the $1 trillion mark. The report identified microprocessors and memory, including graphics processing units (GPUs), as the segments expected to see the highest growth, and projected that demand for artificial intelligence (AI) accelerators will continue this year. According to a report from the Software Policy & Research Institute, Nvidia holds approximately 86% of revenue share in the data center GPU market.
The ACE Nvidia Value Chain Active ETF reflects this market trend by incorporating AI semiconductor-related companies centered on Nvidia. As of the previous day, Nvidia accounts for 20.9% of the fund, with other top holdings including TSMC, SK hynix (000660.KS), Vertiv Holdings, Intel, and Lumentum.
"Through this product, investors can keep pace with the speed of technological innovation by investing in value chain companies organically connected to Nvidia, which holds the initiative in the AI industry," said Nam Yong-soo, head of the ETF division at Korea Investment Management. "By actively leveraging active management, we will respond nimbly to market changes and, through frequent rebalancing, continue to evolve as a product that moves in step with changes in the AI industry."
