TIMEFOLIO Global AI Artificial Intelligence Active ETF Surpasses 1 Trillion Won in Net Assets
TIMEFOLIO Asset Management announced that the total net asset value (AUM) of its flagship AI artificial intelligence value chain active ETF, "TIMEFOLIO Global AI Artificial Intelligence Active," has surpassed 1 trillion won.
The ETF was listed on May 16, 2023, as Korea's first active ETF investing in the AI artificial intelligence value chain. It has demonstrated remarkable growth among global artificial intelligence ETFs.
As an active ETF investing across the entire artificial intelligence value chain, it covers key pillars of the AI industry such as generative AI, semiconductors, cloud, infrastructure, and power, while adjusting its portfolio in response to market changes. The top holdings in the portfolio include leading platform, semiconductor, and power infrastructure companies such as Alphabet, Nvidia, Tesla, GE Vernova, and SK Hynix.
According to the Korea Exchange, the Global AI Artificial Intelligence Active ETF has achieved a cumulative return of 280% since its listing and a 40% increase since the beginning of the year, demonstrating steady performance. Industry experts note that it has established itself as a model for strong management capabilities in Korea's ETF market and continues to deliver consistent results even within the highly volatile AI-related sector.
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Kim Namho, Head of ETF Management at TIMEFOLIO Asset Management, stated, "We will continue to lead the structural growth phase of the AI industry through in-depth research and will rigorously select companies with strong performance, managing the ETF nimbly to deliver consistent results as an active ETF."
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