RISE Tesla Fixed Tech 100 ETF Surpasses 50 Billion KRW in Net Assets

Published 05 Jun.2025 09:28(KST)

KB Asset Management announced on June 5 that the 'RISE Tesla Fixed Tech 100 ETF' surpassed 50 billion KRW in net assets just 14 trading days after its listing. This achievement is seen as a clear reflection of individual investors' strong expectations for Tesla, a company leading technological innovation in the United States.

The 'RISE Tesla Fixed Tech 100 ETF', launched by KB Asset Management on May 13, is an exchange-traded fund (ETF) designed to allocate 25% of its portfolio to Tesla, which is the top stock held by Korean retail investors investing in US markets, while the remaining 75% is diversified across 100 leading US technology stocks.

Since its listing, the ETF has delivered a stable performance with a return of 7.92%.

The RISE Tesla Fixed Tech 100 ETF is expected to be an even more attractive choice for long-term investors, as it offers tax-saving benefits when invested through pension accounts.

Lee Sujin, Head of ETF Product Marketing at KB Asset Management, stated, "The RISE Tesla Fixed Tech 100 ETF aims to provide higher returns than the market index and more stable performance compared to individual stocks," and added, "We recommend this product to investors who expect long-term growth from Tesla in the fields of electric vehicles, robotics, artificial intelligence (AI), and energy."

Alongside the RISE Tesla Fixed Tech 100 ETF, KB Asset Management also launched the RISE Palantir Fixed Tech 100 ETF on the same day. This product allocates 25% of its portfolio to the US innovative company 'Palantir' each month, with the remaining 75% invested in leading US technology stocks. Since listing, it has recorded a return of 7.39%.

A KB Asset Management representative explained, "The RISE Tesla and Palantir Fixed Tech 100 ETFs will serve as efficient investment vehicles for investors who have strong convictions about specific high-growth stocks."