NH-Amundi Asset Management, HANARO Generative AI Active ETF Achieves 91% Annual Return Last Year

NH-Amundi Asset Management announced on the 14th that the HANARO Global Generative AI Active Exchange-Traded Fund (ETF) is focusing its investments on key U.S. artificial intelligence (AI) stocks such as Nvidia and Palantir Technologies.

According to the Korea Exchange, last year the HANARO Global Generative AI Active ETF ranked second in one-year returns among all ETFs. Excluding leveraged ETFs, it recorded a one-year return of 91.21% as of December 31 last year. Its six-month return as of December 31 last year was 35.02%, and its return since inception was 111.44%.

The HANARO Global Generative AI Active ETF invests in U.S.-listed companies that have secured core technologies related to generative AI. It includes not only Nvidia, Palantir Technologies, and Meta but also small and mid-cap stocks such as AppLovin and GE Vernova.

Kim Seung-cheol, Head of ETF Investment at NH-Amundi Asset Management, explained, “The HANARO Global Generative AI Active ETF focuses its investments on U.S.-listed stocks that benefit from advances in AI technology and changes in the macroeconomic environment.”

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