NH-Amundi's HANARO Nuclear Power iSelect ETF Surpasses 200 Billion Won in Net Assets
The nuclear power industry is gaining attention as the pro-nuclear policy stance spreads and power demand rises due to advancements in artificial intelligence (AI). As domestic nuclear power companies show strong performance, there is growing interest in exchange-traded funds (ETFs) that invest in the nuclear power theme.
NH-Amundi Asset Management announced on the 18th that the net asset value of the HANARO Nuclear Power iSelect ETF has surpassed 200 billion won.
According to KOSCOM ETF CHECK, as of June 16, the ETF's net assets stood at 202.5 billion won, doubling in about three weeks after surpassing 100 billion won on May 26. Net purchases by individual investors reached approximately 35.2 billion won.
As of June 16, the one-month return was 38.31%, the three-month return was 65.82%, and the six-month return reached 90.17%. The rapid increase in net assets appears to be driven by both excellent performance and strong individual investor buying.
The HANARO Nuclear Power iSelect ETF invests in 20 major domestic companies related to nuclear power. Its holdings include Doosan Enerbility, Hyundai Engineering & Construction, LS ELECTRIC, Korea Electric Power Corporation, HD Hyundai Electric, and Hyosung Heavy Industries, among others.
Recently, the spread of AI technology and the resulting surge in global power demand have positioned nuclear power as a core infrastructure for advanced technology competition and as a national security asset. U.S. President Donald Trump recently referred to the deployment of advanced nuclear technology as a matter of "national security" in an executive order, reflecting this trend.
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Kim Seungcheol, Head of ETF Investments at NH-Amundi Asset Management, explained, "Nuclear power investments driven by global AI investment are expected to continue for several years, presenting significant opportunities for related domestic companies. Although the share prices of domestic nuclear power-related stocks have risen sharply recently, earnings forecasts are also increasing rapidly, so valuation pressures are not significant."
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