BNK Asset Management Lists 'BNK On-Device AI' ETF

On-device AI Related Domestic Stock Investment

First Launched as a Domestic Investment Product

BNK Asset Management (CEO Bae Sanghwan) announced on the 23rd that it has listed the 'BNK On-Device AI ETF'.

The BNK On-Device AI ETF is an artificial intelligence (AI) themed product leading both domestic and international stock markets, with a focus on investing in key domestic stocks related to 'On-Device AI'.

Unlike existing ETFs recently listed in the form of overseas funds, this ETF is differentiated as it is the first to be launched as a domestic investment type.

On-Device AI refers to technology that provides artificial intelligence services directly on the user's device without going through external servers or the cloud. Compared to traditional cloud-based AI, it is gaining attention as next-generation AI technology due to faster response speed, enhanced data security, and higher energy efficiency.

The underlying index of the newly launched BNK On-Device AI ETF is the 'FnGuide On-Device AI Index', and it invests in key stocks in related fields such as low-power memory, substrates, IP, and design houses. The number of investment stocks is around 20, and to prevent excessive concentration, the investment ratio is determined by mixing the market capitalization method and the equal-weighted method to a certain extent.

A BNK Asset Management official said, "On-Device AI is being used as a core technology in the era of customized AI across various fields such as wearable devices, smart homes, and autonomous vehicles," adding, "The related industry is expected to see high growth in the future."