Name Change and Investment Strategy Enhancement of ACE Global Autonomous Driving Active ETF
Korea Investment Management announced the renaming of the 'ACE G2 Electric Vehicle & Autonomous Driving Active' ETF to 'ACE Global Autonomous Driving Active ETF.' This name change is part of a strategy to strengthen investments in autonomous driving and related industries. The ETF focuses on sectors crucial to the autonomous driving value chain, particularly investing in areas like robotaxis, urban air mobility (UAM), and robotics.
The ETF, launched in February 2022, has shown consistent strong performance, recording a year-to-date return of 44.40%, which significantly outperforms the S&P500 and Nasdaq100 indices. Major holdings include Tesla, Nvidia, Alphabet, and Mobileye Global, indicating that the ETF maintains relatively low risk while focusing on high-growth potential areas.
Korea Investment Management plans to explore investment opportunities in AI semiconductors and ADAS (Advanced Driver Assistance Systems) sectors in the future. This approach aims to continually adapt to major developments in autonomous driving technology while exploring new potentials in related industries.
Such a name change and investment direction reflect efforts to continuously identify investment opportunities in the autonomous driving technology market and provide more benefits to investors.
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