Mirae Asset's 'TIGER Korea Nuclear' ETF Launch
Mirae Asset Global Investments has launched the 'TIGER Korea Nuclear' ETF, focusing on nuclear energy exports. The ETF includes key holdings in Doosan Enerbility and Hyundai Engineering & Construction, with respective weights of 26.5% and 23.2%. The remaining assets are diversified among companies related to the nuclear value chain, such as KEPCO Engineering & Construction. As the first ETF centered on Korea's nuclear export value chain, it aims to leverage South Korea's strengths in construction capability and price competitiveness in the global market.
Doosan Enerbility has positioned itself as a next-generation nuclear foundry through its SMR agreement with the U.S., and Hyundai Engineering & Construction boasts notable global nuclear construction expertise. Addressing the increasing power demand driven by AI advancements and global nuclear demand, this ETF places Korea in a favorable light as a potential key beneficiary of the global nuclear activation trend. In particular, with the rising power demand driven by AI progress in the U.S., nuclear energy is gaining attention, and this is expected to positively impact the Korean nuclear industry.
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Mirae Asset Launches Nuclear ETF... Completing the Investment Puzzle of Shipbuilding, Defense, and Nuclear - Maeil DailyMaeil Daily = Reporter Na Tae-yong | Mirae Asset Global Investments announced on the 18th that it would list the 'TIGER Korea Nuclear Power' ETF, which focuses on the Korean nuclear power industry, on the securities market on the 19th. With this listing, they have completed the 'shipbuilding, defense, and nuclear' theme ETF lineup for the first time in Korea. The new ETF focuses on the value chain of nuclear export. It includes Doosan Enerbility (26.5%) and Hyundai Engineering & Construction (23.2%) as core holdings, making it the ETF with the highest weight of these two stocks among those listed in Korea. Doosan Enerbility is involved in the U.S. SMR (small modular reactor).
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"From Shipbuilding and Defense to Nuclear Power"... Mirae Asset Completes 'Shipbuilding-Defense-Nuclear' ETF Lineup - Hans Economy| Hans Economy= Reporter Kim Yujin | Mirae Asset Global Investments has completed the 'Shipbuilding-Defense-Nuclear' ETF lineup, encompassing shipbuilding, defense, and nuclear sectors. The 'TIGER Korea Nuclear Power ETF', newly listed on the 19th, is characterized by focusing 50% of its investment on Doosan Enerability and Hyundai Construction, which are leading companies in domestic nuclear power exports. On the 18th, Mirae Asset Global Investments announced the new listing of 'TIGER Korea Nuclear Power ETF' through a webinar on the official YouTube channel of TIGER ETF. This completes the existing lineup along with shipbuilding (TIGER Shipbuilding TOP10 ETF) and defense (TIGER K Defense & Space ETF).
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