KB Asset Management announced on the 27th that its nuclear energy-themed exchange-traded fund (ETF), the 'RISE Global Nuclear ETF,' has surpassed 200 billion KRW in net assets.
Recently, the rapid growth of advanced industries such as artificial intelligence (AI), data centers, and electric vehicles has led to a surge in global electricity demand, rapidly changing the landscape of the energy market. Nuclear power is being re-evaluated as an eco-friendly and stable 'energy of the future.'
The 'RISE Global Nuclear ETF,' launched by KB Asset Management in 2022, is the first global nuclear value chain investment ETF product introduced in Korea. Its benchmark index is the 'iSelect Global Nuclear Index,' which includes only companies related to nuclear power that have a market capitalization of at least 100 million USD and an average daily trading value exceeding 300,000 USD over 60 days, ensuring liquidity.
Major holdings include: ▲Constellation Energy, the largest nuclear power operator in the United States (21.08%) ▲Cameco, the world's leading uranium producer (19.79%) ▲Doosan Enerbility, Korea's leading nuclear power equipment company (16.31%).
The portfolio also includes companies such as NuScale Power and Oklo, which are leading the commercialization of small modular reactor (SMR) technology; Hyundai Engineering & Construction and HD Hyundai Electric in the field of nuclear power plant construction; and NexGen Energy and Uranium Energy, which are engaged in uranium mining and supply, thus covering the entire nuclear value chain.
The RISE Global Nuclear ETF maintains a balanced allocation between global companies (70%) and Korean companies (30%), providing excellent risk diversification. In terms of profitability, it has also delivered outstanding results. According to fund evaluation firm FnGuide on the 26th, the RISE Global Nuclear ETF recorded a 3-month return of 56.01%, the highest among 325 overseas equity ETFs.
No Areum, Head of the ETF Business Division at KB Asset Management, stated, "The long-term growth potential of the nuclear industry is increasing due to the surge in electricity demand from AI and data centers, the expanded potential for commercialization of SMR technology, and the sharp rise in uranium prices." She emphasized, "The RISE Global Nuclear ETF is a differentiated and competitive product because it allows balanced investment in key companies from leading nuclear countries such as the United States, Canada, and Korea."
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