Continued Net Purchase of ACE India Active ETFs by Individual Investors
Individual investors continue to show a buying trend for Korea Investment Management's ACE India Active ETFs. The ACE India Consumer Power Active ETF has seen net purchases of 4.3 billion KRW, while the ACE India Market Leading 'BIG 5' Active ETF has recorded 3.0 billion KRW in net buys. The two ETFs focus respectively on key consumer sector companies in India and the top five conglomerates in the country, with the ACE India Consumer Power Active ETF posting a 4.84% return since its listing.
These ETFs are also available for investment through defined contribution (DC) and individual retirement pension (IRP) accounts, making them appealing to long-term investors. The potential for long-term growth in India’s economy adds to their attractiveness. Currently, the net asset values stand at 28.1 billion KRW and 10.9 billion KRW, respectively.
The consistent net purchase and high returns indicate that these products are viewed as direct beneficiaries of India's economic expansion. It will be interesting to see if this trend continues and if the ETFs can achieve their intended goals.
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