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Finance

Korea Investment Management\'s ACE Global Semiconductor TOP4 Plus ETF tops 1 trillion won in net assets

Korea Investment Management said on Tuesday that net assets of its ACE Global Semiconductor TOP4 Plus exchange-traded fund have exceeded 1 trillion won. Korea Exchange data showed the ETF\'s net assets stood at 1.0027 trillion won as of the Feb. 20 close. The fund concentrates on representative firms across four semiconductor sub-sectors. As of Feb. 25, SK Hynix was the top holding at 23.33 percent.

Finance

Korea Investment Management teams up with ETF Bakery to sell ACE ETF cream bread

Korea Investment Management said on Feb. 13 it has been selling a cream bread set since Feb. 12 through a collaboration with ETF Bakery. The product is linked to the ACE Global Semiconductor TOP4 Plus exchange-traded fund and combines four signature cream breads into one set. Each bread represents Nvidia, TSMC, SK Hynix and ASML. Sales are limited to 80 sets a day and end on Feb. 28.