Shinhan Asset Management's 'SOL US AI Power Infrastructure' Surpasses 100 Billion KRW in Net Assets

Shinhan Asset Management announced on the 18th that the total net assets of the ‘SOL US AI Power Infrastructure’ Exchange-Traded Fund (ETF) have exceeded 100 billion KRW.

Kim Jeong-hyun, Head of the ETF Business Division at Shinhan Asset Management, explained, “The SOL US AI Software and SOL US AI Power Infrastructure, launched with a thorough understanding of the AI development roadmap and AI ecosystem, are experiencing strong popularity and capital inflow. These products effectively respond to changing investment trends in the AI era and maximize investment efficiency with differentiated stock compositions that significantly outperform the S&P 500 index’s growth rate.”

The SOL US AI Power Infrastructure ETF focuses on solutions to power shortages in the AI era. It allows balanced investment across a value chain that includes data centers for managing and storing the massive amounts of data generated during AI implementation, nuclear power as an energy source producing large-scale electricity needed to operate data centers, and power grid system equipment companies.

Key constituent stocks include △Vertiv Holdings (11.09%), which provides power and cooling solutions for data center server systems, △Constellation Energy (8.07%), the leading nuclear power company in the US, △GE spin-off specialized in power grid business GEVernova (7.99%), △Eaton (6.59%), which manufactures transformers and switchgear for data centers, △Oklo (6.03%), an SMR company invested in by Sam Altman, along with diversified investments in 20 companies including NuScale Power, NextEra Energy, Cameco, and Vistra Energy.

The SOL US AI Power Infrastructure ETF recorded a 3-month return of 38.77%, significantly outperforming the S&P 500 index’s 7.41% increase during the same period. Fueled by this performance, individual investors have concentrated net purchases of approximately 29 billion KRW since November, doubling the net assets from 50 billion KRW in mid-November within a month.

The US power infrastructure and nuclear value chain are among the most noteworthy industries in the AI era, as the explosive increase in power demand driven by AI-triggered data center expansion is a phenomenon not seen in the past 20 years.

Additionally, due to the aging of existing power grid infrastructure, high-voltage electricity cannot be transmitted and distributed quickly, making investment in this area urgent and serving as a major background for the expansion of US AI power infrastructure investment.

Kim said, “The improvement of the aging US power infrastructure and the nuclear value chain are likely to be key policies even under a potential second Trump administration, so attention should be paid to growth across the entire industry category. Investors can respond to AI sector rotation in semiconductors, software, and power infrastructure by utilizing the SOL US AI ETF series.”