KODEX Korea Sovereign AI ETF Surpasses 100 Billion Won in Net Assets

Recently, Sovereign AI has emerged as a key policy initiative for building state-led AI infrastructure, drawing significant attention from investors. This trend is part of a global movement, with massive capital being invested in AI infrastructure projects worldwide, including the Stargate Project in the United States.

On November 12, Samsung Asset Management announced that the net assets of the 'KODEX Korea Sovereign AI' ETF had surpassed 100 billion won, reaching 124.6 billion won. Just three weeks after its listing on October 21, it has quickly established itself as Korea's leading Sovereign AI investment product.

Since its listing, net individual purchases have reached 62.4 billion won, demonstrating strong interest from individual investors in Korea's Sovereign AI sector. This is seen as a reflection of the market's high expectations for Sovereign AI as a future growth engine for Korea.

KODEX Korea Sovereign AI is designed to provide one-stop investment across the entire value chain of companies involved in domestic Sovereign AI projects. Naver, which plays a pivotal role in Korea's Sovereign AI initiatives, is included with the highest portfolio weighting. Naver recently recorded a 15.6% year-on-year increase in revenue in its AI-driven search and commerce segments, further demonstrating the growth of its AI business.

The portfolio also comprehensively includes companies with advanced AI technology and GPU utilization capabilities, such as LG CNS, SK Telecom, and NCSoft. In addition, it incorporates energy and data center companies expected to benefit from the Korean government's recent "AI Highway" policy. With Korea having recently secured 260,000 NVIDIA GPUs, there is growing interest in how this will accelerate domestic Sovereign AI policies and differentiate the beneficiary companies.

The ETF also includes companies essential for building AI infrastructure. Leading Korean semiconductor companies SK Hynix and Samsung Electronics are part of the portfolio, as well as the "Big 3" power equipment firms-Hyosung Heavy Industries, HD Hyundai Electric, and LS Electric-which are core to AI infrastructure. The portfolio is structured to reduce the risk of over-concentration in specific stocks and to comprehensively pursue the trickle-down effects across the entire AI industry, making it an attractive investment option.

Ma Seunghyun, manager at Samsung Asset Management, stated, "Amid the global enthusiasm for building Sovereign AI infrastructure, domestic investment in Sovereign AI has become more visible than ever following the visit of NVIDIA CEO Jensen Huang. This ETF offers an efficient opportunity to invest in the key beneficiary companies of Sovereign AI infrastructure all at once."

This content was produced with the assistance of AI translation services.