NH-Amundi Asset Management, HANARO Generative AI Active ETF 1-Year Return 90%

NH-Amundi Asset Management announced on the 23rd that the 'HANARO Global Generative AI Active ETF' has surpassed a 1-year return of 90%.

According to Shinhan Fund Partners, as of the 17th, the HANARO Global Generative AI Active ETF recorded a 1-year return of 90.96%. During the same period, it showed excellent performance with a year-to-date return of 87.68%.

With large-scale facility investments in data centers centered on US big tech companies continuing, AI-related semiconductor sectors have attracted attention and recorded returns superior to the market.

Software companies realizing profits using proprietary artificial intelligence (AI) technology and infrastructure companies benefiting from increased power demand are leading the rise in the AI-related market.

The HANARO Global Generative AI Active ETF is a product that invests in a concentrated portfolio of about 30 US-listed companies that have secured core technologies related to generative AI.

Representative holdings include Palantir Technologies, AppLovin, and GE Vernova. In particular, Palantir Technologies, considered a leading AI defense stock, saw its stock price surge over 300% this year and was included in the Nasdaq 100.

Kim Seung-cheol, Head of ETF Investment at NH-Amundi Asset Management, explained, "The HANARO Global Generative AI Active ETF focuses on stocks that benefit from advances in AI technology and changes in the macro environment."