Shinhan Asset Management's 'SOL US AI ETF Series' Attracts 55 Billion KRW from Individual Investors in the Past Month

Shinhan Asset Management announced on the 28th that individual investors are pouring funds into the ‘SOL US AI ETF Series.’ Over the past month, individual investors have net purchased 32.7 billion KRW and 24.4 billion KRW in ‘SOL US AI Power Infrastructure’ and ‘SOL US AI Software,’ respectively.

Kim Jeong-hyun, Head of the ETF Business Division at Shinhan Asset Management, said, “As artificial intelligence (AI) spreads in earnest, the industries attracting attention are rotating, and investors’ focus is gradually expanding from semiconductors to power infrastructure and software. We carefully reviewed industries that could benefit according to the AI development roadmap and proactively commercialized products, which proved successful.”

Shinhan Asset Management completed the ‘SOL US AI ETF Series’ by launching ‘SOL US AI Semiconductor Chip Makers,’ ‘SOL US AI Software,’ and ‘SOL US AI Power Infrastructure’ in April, May, and July of this year, respectively. After the AI semiconductor boom centered on Nvidia in the first half of the year subsided, as AI spreads rapidly, investor interest is focusing on aging power infrastructure that urgently needs improvement to meet exponentially increasing demand and nuclear power-related stocks agreed upon as new power sources.

Kim said, “In early November, major AI software companies such as Palantir, Oracle, ServiceNow, and Fair Isaac reported earnings that exceeded consensus estimates and hit new highs, leading to an explosive increase in net purchases by individual investors in the SOL US AI Software ETF, which includes all these companies. AI software companies are hitting new highs based solely on B2B (business-to-business) performance, and since B2C (business-to-consumer) expansion has not yet fully begun, there is room for optimism. It is also important to note that the AI software cycle started later than AI hardware infrastructure.”

Not only in terms of investor demand but also performance, the ETFs rank among the top in AI-related ETFs. The one-month returns for SOL US AI Software and SOL US AI Power Infrastructure are 15.49% and 11.82%, respectively, while the three-month returns are 29.53% and 51.84%.

Kim added, “Since most experts expect AI to be the key investment theme in 2025 as well, we anticipate that the SOL US AI Series will be a useful investment tool depending on market conditions and the AI cycle. As the AI momentum continues, we will conduct thorough research on beneficiary industries and continue to expand the AI series lineup through product commercialization.”