Shinhan Asset Management's SOL US AI ETFs Surpass 500 Billion KRW
Shinhan Asset Management's 'SOL US AI ETF series' has surpassed 500 billion KRW in total net assets, garnering significant interest from investors focused on AI. Comprising SOL US AI Software, SOL US AI Power Infrastructure, and SOL US AI Semiconductor Maker, these ETFs individually recorded 321.9 billion KRW, 170.8 billion KRW, and 25.9 billion KRW, respectively. This achievement is largely attributed to the increased interest from individual investors in AI, especially following the rise in Nvidia's stock price, illustrating positive market sentiment towards AI-related industries and technologies.
Kim Jung-hyun, Director of the ETF Division, views recent market adjustments as a long-term buying opportunity, underscoring the potential benefits of a long-term investment in the AI industry's growth. This reflects an optimistic outlook on the sector's future expansion potential, advocating for a strategically phased approach to investment. Additionally, Shinhan Asset Management continues to diversify its AI portfolio through steady investments in semiconductor, software, and power infrastructure sectors.
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SOL US AI ETF Series Surpasses 500 Billion Won in Net Assets - Money TodayThe total net assets of the Shinhan Asset Management SOL US AI ETF series, spanning semiconductors, software, and power infrastructure, have exceeded 500 billion won. The rapid increase in size is attributed to the high interest of individual investors in AI (artificial intelligence), which began in earnest following the sharp rise in NVIDIA's stock prices last year. Since listing, the net purchase amount by individual investors for each product has reached 227 billion won. On the 26th, (