RISE Global Nuclear ETF Achieves Top Returns in 2023
The 'RISE Global Nuclear' ETF, managed by KB Asset Management, reports the highest returns among global equity ETFs this year. The ETF has achieved a return of 54.49% year-to-date, standing out as the top performer among 241 global equity ETFs. This remarkable success is largely attributed to the reactivation of the Three Mile Island nuclear power plant and increased power demand driven by artificial intelligence and data center expansion.
The 'RISE Global Nuclear' ETF tracks the iSelect Global Nuclear Index, with key investments in Constellation Energy, Cameco, and BWX Technologies. Moreover, the inclusion of the small modular reactor (SMR) company NuScale Power is anticipated to contribute to the second renaissance of nuclear energy. Recent announcements of collaborations between major tech companies like Google and nuclear energy firms further strengthen this optimistic market outlook.
Looking forward, the growing collaboration between AI-related and nuclear energy companies is expected to create a new growth momentum for nuclear energy development. Kim Chanyoung, head of KB Asset Management, projects that these partnerships will continue to drive the ETF's sustained growth. The ETF draws investor attention with a portfolio centered around nuclear energy, a recognized low-carbon energy source.
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Nuclear ETFs Surging... Dominant Among Global Equity Funds - Financial NewsKB Asset Management's nuclear-themed ETF has taken the lead among domestic global stock funds this year. According to fund evaluator FnGuide on the 29th, the 'RISE Global Nuclear' has achieved a return of 54.49% year-to-date as of the 25th. This is the highest performance among 241 global equity funds. Recently, Three Mile in the U.S....
'RISE Global Nuclear', #1 in Returns Among Global Equity ETFs - Money TodayAccording to financial information company FnGuide, as of the 25th, KB Asset Management's 'RISE Global Nuclear' ETF (Exchange Traded Fund) has achieved a year-to-date return of 54.49%, the highest among 241 global equity ETFs. Its 3-month performance is also the best at 15.49%. Such excellent performance is attributed to recent news of the reactivation of the Three Mile Island Nuclear Generating Station (TMI) in the United States and other factors...
KB Asset Management, 'RISE Global Nuclear' tops global equity ETF returns - EdailyKB Asset Management announced on the 29th that 'RISE Global Nuclear' has recorded the highest return among global equity exchange-traded funds (ETFs) since the beginning of the year. According to the fund evaluation company Fn Guide, as of the 25th, the year-to-date return of the RISE Global Nuclear ETF is 54.49%, among 241 global...