KB Asset Management launched two exchange-traded funds (ETFs) on August 26, targeting both core companies and infrastructure supply chains within the artificial intelligence (AI) ecosystem. The newly listed products are the RISE Nvidia Fixed Tech 100 ETF and the RISE AI Semiconductor Top 10 ETF.
The AI industry is structured so that chip design and platform companies like Nvidia grow alongside memory and equipment suppliers that support them. The RISE Nvidia Fixed Tech 100 ETF is the third product in the 'Fixed Tech 100 Series,' which allocates the highest fixed weight to global tech companies most favored by Korean retail investors investing in foreign stocks.
Following the previously launched RISE Tesla Fixed Tech 100 and RISE Palantir Fixed Tech 100 ETFs, Nvidia is now included with a fixed weight of 25%. The remaining 75% is allocated to leading U.S. technology stocks from the 'KEDI US Tech 100 Index,' allowing investors to concentrate on Nvidia while also diversifying across U.S. tech stocks. Investing through a pension account can also provide tax benefits, making this an even more attractive option for long-term investors.
The RISE AI Semiconductor Top 10 ETF offers efficient investment across the entire domestic AI semiconductor value chain. By including not only large-cap semiconductor stocks but also small- and mid-cap companies, the ETF seeks both diversification and high growth potential.
A 15% cap is set on the top holdings to prevent excessive concentration in large-cap stocks. The ETF offers balanced exposure across the entire high-bandwidth memory (HBM) value chain, including SK hynix, Samsung Electronics, Hanmi Semiconductor, Leeno Industrial, Wonik IPS, ISC, and Techwing.
No Areum, Head of the ETF Business Division at KB Asset Management, introduced the RISE Fixed Tech 100 Series as "a product lineup that allows investors to allocate the highest weight to the global tech companies most preferred by domestic investors, such as Tesla, Palantir, and Nvidia." She added, "For the RISE AI Semiconductor Top 10 ETF, we aim to overcome the limitations of existing domestic semiconductor ETFs, which were overly concentrated in large-cap stocks, by providing investment opportunities across the entire domestic semiconductor value chain centered on HBM."
KB Asset Management plans to continue launching innovative ETF products to meet the diverse needs of investors.
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