HANARO Nuclear Power iSelect ETF Ranks First in Three-Month Returns

NH-Amundi Asset Management announced on the 19th that the 'HANARO Nuclear Power iSelect ETF' recorded the highest three-month return among domestically listed ETFs.

According to the Korea Exchange, as of the 14th, the three-month return of the HANARO Nuclear Power iSelect ETF stood at 61.99%, making it the only ETF among 1,007 listed in Korea to achieve a return in the 60% range. The one-year and three-year returns were recorded at 72.76% and 212.31%, respectively.

The HANARO Nuclear Power iSelect ETF, launched on June 28, 2022, was the first nuclear power-themed ETF in Korea. It invests in 20 key domestic companies related to nuclear power, including Doosan Enerbility, Korea Electric Power Corporation, HD Hyundai Electric, Hyundai Engineering & Construction, and Hyosung Heavy Industries.

The ETF makes balanced investments in nuclear power-related stocks such as Doosan Enerbility and Hyundai Engineering & Construction, which are part of 'Team Korea' led by Korea Hydro & Nuclear Power, a subsidiary of Korea Electric Power Corporation.

As the ETF has demonstrated outstanding performance, individual investors have also concentrated their funds in it. Since the beginning of the year, individual investors have made net purchases of 78.9 billion KRW in the HANARO Nuclear Power iSelect ETF. Its net asset value has grown nearly tenfold, from 40 billion KRW at the start of the year to 393.7 billion KRW currently, making it the largest among domestically listed nuclear power-themed ETFs.

In May, U.S. President Donald Trump announced a plan to expand nuclear power generation capacity in the United States to four times its current level by 2050, signaling the beginning of a global expansion in nuclear power generation.

Amid the trend of increasing global investment in nuclear power, Korean companies are also proving their competitiveness and achieving overseas orders. Team Korea has stood out on the global stage by securing the contract for the Dukovany nuclear power plant in the Czech Republic, worth approximately 26 trillion KRW.

Kim Seungcheol, Head of ETF Investment at NH-Amundi Asset Management, said, "The global nuclear power industry is expected to see strong growth over the next several years as it becomes a key pillar in expanding energy infrastructure in response to the spread of AI." He added, "The recent sideways movement in stock prices is a temporary correction, and with the large-scale construction of nuclear power plants in the United States and the full-scale launch of small modular reactor (SMR) projects in the second half of the year, further growth is possible."