KB Asset Management's KB Global Metaverse Economy Fund Surpasses 100 Billion KRW in Net Assets

[Asia Economy Reporter Minji Lee] KB Asset Management announced on the 10th that the ‘KB Global Metaverse Economy Fund’ surpassed 100 billion KRW in net assets just five months after its launch.

The main driver of capital inflow is the outstanding performance. The fund’s recent 3-month return is 8.01%, the highest among metaverse-related funds. According to Zeroin, this figure exceeds the average return of global equity funds by 4.3 percentage points.

Cha Dong-ho, Head of ETF Management at KB Asset Management, said, “We have been conducting parallel research steadily since the early stages of preparing the ‘KB US Data Center Infrastructure REIT’ fund launched in July. We focus our investments on four key related areas: infrastructure, hardware, software, and platforms.”

The company with the highest allocation in the fund is Nvidia, accounting for 5.82% of the portfolio. Additionally, the fund diversifies investments across 40 companies including Microsoft at 5.17%, Roblox at 5.11%, Apple at 5.10%, and Qualcomm at 5.07%. By diversifying risk without concentration in specific stocks, the fund has achieved the best cumulative return of 13.95%.

Cha added, “The metaverse world, realized in 3D, transcends time and space to satisfy basic human desires and provide immersive experiences, making it a mega trend applicable across various fields. To offer long-term investment opportunities, we plan to proactively capture the emergence of new platforms and content and reflect them in the portfolio.”

This content was produced with the assistance of AI translation services.