KB Asset Management's 'RISE Global Nuclear ETF' Surpasses 100 Billion KRW in Net Assets
KB Asset Management's 'RISE Global Nuclear ETF' has surpassed 100 billion KRW in net assets. As the only domestic ETF investing in the global nuclear value chain, it has garnered substantial interest due to the restart of the Three Mile Island Nuclear Power Plant in the US and the surge in power demand from the advancement of AI and data centers. This ETF tracks the 'iSelect Global Nuclear Index' and boasts a one-year return of 40.14%. It predominantly invests in sectors such as nuclear power plants (66.4%), uranium raw materials (28.7%), and nuclear-related services (3.1%).
Country-wise, the investment is concentrated in the US (64.4%), South Korea (26.18%), and Canada (7.53%). Major investment titles include Constellation Energy (31.67%), Cameco (19.48%), Doosan Enerbility (8.98%), and HD Hyundai Electric (7.44%). Kim Chanyoung, head of the ETF Business Division at KB Asset Management, emphasized the renewed focus on nuclear energy as an eco-friendly option and recommends a long-term investment approach in global nuclear-related companies.
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RISE Global Nuclear ETF Surpasses 100 Billion Won in Net Assets - Maeil Business NewspaperThe only global nuclear value chain investment in Korea
화이트페이퍼2024 9月 30
KB Asset Management's Global Nuclear Energy ETF Surpasses 100 Billion KRW in Net Assets - White Paper[White Paper=Reporter Goh Soo-ah] KB Asset Management announced on the 30th that the net assets of its 'RISE Global Nuclear Energy ETF' have surpassed 100 billion KRW. This surge is attributed to recent news of the reactivation of America’s Three Mile Island Nuclear Power Plant (TMI) and a spike in power demand due to the development of artificial intelligence (AI) and data centers. Currently, there are three nuclear-themed exchange-traded funds (ETFs) listed on the domestic stock market. Among them, the ‘RISE Global Nuclear Energy ETF,’ launched in 2022, is the only ETF in the country that invests in the global nuclear value chain.
KB Asset Management Breaks 100 Billion Won in Net Assets for ‘RISE Global Nuclear’ - E-DailyKB Asset Management announced on the 30th that its ‘RISE Global Nuclear’ exchange-traded fund (ETF) has surpassed 100 billion won in net assets. Recently, the news of the reactivation of the Three Mile Island Nuclear Power Plant (TMI) in the United States, along with the rapid demand increase in electricity due to developments in artificial intelligence (AI) and data centers, has driven investor interest in the nuclear theme...