Shinhan Asset Management announced on June 19 that the net asset value of the 'SOL US Nuclear SMR' ETF, which was listed in May, has surpassed 100 billion KRW. Since its listing, the ETF has recorded a return of 26.87%. Over the past month, individual investors have made net purchases of more than 45.6 billion KRW, while institutional investors have made net purchases exceeding 23 billion KRW.
Following the listing of the ETF, US President Donald Trump signed an 'Executive Order to Revitalize the Nuclear Industry.' Since then, the US government has been pursuing follow-up measures to shift toward a nuclear-centered energy system, including reducing tax benefits for renewable energy, restructuring the Nuclear Regulatory Commission (NRC), and streamlining regulations.
During the same period, US nuclear-related stocks also performed strongly. Major holdings of the SOL US Nuclear SMR ETF, such as Centrus Energy (81.96%), NuScale Power (67.12%), Oklo (67.07%), and Cameco (32.16%), posted significant gains in just one month.
Kim Junghyun, Head of the ETF Business Division at Shinhan Asset Management, stated, "President Trump declared a 'national energy emergency' immediately after taking office in January this year," adding, "Last month, through an executive order, he clearly defined the nuclear industry as the core of the US energy strategy."
He further explained, "A series of policies, including the reduction of tax benefits for renewable energy, the easing of nuclear power plant licensing regulations, and the dismissal of uncooperative NRC personnel, are being implemented step by step, thereby strengthening policy consistency and execution."
The SOL US Nuclear SMR is the only ETF in Korea that allows for focused investment across the entire value chain of the US nuclear industry.
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