KODEX AI Jeonryeok Haeksim 2 Types Sold 40 Billion Won in 3 Days

Interest in core facilities of the artificial intelligence (AI) industry is growing. Due to the global power shortage caused by AI development, K-power facilities such as transformers and power lines are expected to enter a super cycle.

Samsung Asset Management announced on the 12th that approximately 40 billion KRW worth of two ETFs, ‘KODEX AI Power Core Facilities’ and ‘KODEX US AI Power Core Infrastructure ETF,’ which include key companies related to AI power facilities, were sold within just three days of listing.

KODEX AI Power Core Facilities was developed as an ETF that allows concentrated investment in core stocks by including 78% of the power facilities BIG3, known as LS Group (including power affiliates such as LS Electric, LS Eco Energy, LS Marine Solutions), HD Hyundai Electric, and Hyosung Heavy Industries. Recently, with power facility companies breaking new order records, net purchases of related companies have continued among investors.

KODEX AI Power Core Facilities recorded a cumulative return of 11.3% (based on NAV) just two days after listing, achieving a return of over 10% in the shortest period among ETFs listed in Korea. On the second day of listing, the 10th, it rose 6.7% in one day, ranking first in daily returns among all 870 ETFs listed domestically, showing record-breaking performance from the start.

KODEX US AI Power Core Infrastructure ETF invests in companies that can directly benefit not only from the expansion and investment of data centers by big tech companies such as Microsoft, Amazon, and Alphabet but also from the US government’s infrastructure investment policies aimed at replacing aging infrastructure.

Insurance companies and pension funds have also continued net purchases of the two KODEX Power Core ETFs, and interest from various institutional investors has been sustained since the early days of listing.

Im Tae-hyuk, Executive Director of Samsung Asset Management, said, "We have listed two ETFs related to AI power that enable the sustainable growth of the AI industry, which has become a megatrend, for the first time in the industry," adding, "We will continue to expand investment options by supplying various theme products that align with market trends."