Daesin Asset Management Launches Active ETF Investing in AI Megatrends

Daishin Asset Management is launching an active ETF that invests in AI indices.

Daishin Asset Management has newly listed the exchange-traded fund "DAISHIN343 AI Semiconductor & Infrastructure Active ETF," which invests in domestic stocks related to artificial intelligence semiconductors, software, and power infrastructure. (Provided by Daishin Asset Management)

On the 18th, Daishin Asset Management announced the new listing of the exchange-traded fund ‘DAISHIN343 AI Semiconductor & Infrastructure Active ETF,’ which invests in domestic stocks related to artificial intelligence semiconductors, software, and power infrastructure.

This ETF broadly invests across the entire AI ecosystem, focusing on domestic listed companies in the AI industry and related derivative industries, which are emerging as mega trends.

More than 70% of the assets under management of the 'DAISHIN343 AI Semiconductor & Infrastructure Active ETF' replicate the FnGuide AI Semiconductor & Infrastructure Index. This index was jointly developed by Daishin Asset Management and FnGuide. It consists of GPU semiconductors, AI software, and power infrastructure stocks. The investment scope of the AI theme is expanded to reduce volatility while enabling investment in mega trends.

The remaining assets, up to 30%, are adjusted according to a stock price return prediction model. Stocks are added, removed, or reweighted in the existing portfolio. The total expense ratio of this product is 0.36% per annum.

Lee Jae-woo, Head of Marketing Group at Daishin Asset Management, said, "Since the index was calculated starting in 2019, it has shown excess returns exceeding 200% compared to the KOSPI," adding, "As the AI-related industry is expected to continue growing, we launched this ETF."

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