Hana Asset Management Launches Korea's First '1Q K-Sovereign AI ETF'
Hana Asset Management has launched Korea's first '1Q K-Sovereign AI' ETF, anticipating benefits from the Yoon administration's 'AI Top 3 Achievers' policy. This ETF focuses on investing in domestic AI software companies poised to benefit from government strategies aimed at advancing AI capabilities.
Significantly, the fund allocates 27.5% of its investments to each of leading firms like Naver and Kakao, highlighting its considerable market weight. Additionally, it includes other IT giants such as Samsung SDS and LG CNS, underscoring its strategic importance within the industry.
The ETF tracks the 'iSelect K-Sovereign AI Index', which is composed of firms showcasing technological prowess in AI software, platforms, cloud computing, and data analytics. With the expansion of the Growth Fund for public investment in AI, this ETF is expected to contribute significantly to the country's AI development.
Related News
Hana Asset Management, K-Sovereign AI ETF Listing - SBS BizHana Asset Management announced that it will newly list the '1Q K-Sovereign AI' ETF today (30th). 'Sovereign AI' refers to the capability to build independent AI using domestic AI infrastructure, data, personnel, and business networks without relying on external sources. The 1Q K-Sovereign AI ETF is 'iSelect K-Sovereign AI&rsqu…
Hana Asset Management Lists Korea's First K-Sovereign AI ETF, Focused Investment in Naver and Kakao - Seoul Economic DailySecurities > Domestic Market News: Hana Asset Management is intensively investing in stocks expected to benefit from the core national policy of the Lee Jae-myung administration, 'Advancement to the 3 Major AI Powers'...
Hana Asset Management, New Listing of '1Q K Sovereign AI ETF' - E-TodayHana Asset Management announced on the 30th that it will be listing the '1Q K Sovereign AI ETF' for the first time in Korea. The 1Q K Sovereign AI ETF is a key national policy task of the Lee Jae-myung administration '
뉴스핌14 hours ago
Hana Asset Management Lists Korea's First 1Q K-Sovereign AI ETF - NewsPim[Seoul=NewsPim] Reporter Kim Yeon-soon - Hana Asset Management (CEO Kim Tae-woo) announced that it will list Korea's first '1Q K-Sovereign AI ETF' on September 30th. This move is expected to benefit from the core state project of the Lee Jae-myung administration, which aims to position Korea as one of the top three AI powers.
Hana Asset Management, Korea's First 'K-Sovereign AI ETF' Listed - Gyeonggi NewspaperGyeonggi Newspaper, representing Gyeonggi Province, pursues a newspaper that is honest and respectful of people. In a Korea where truth prevails! Gyeonggi Newspaper will take the lead.
Hana Asset Management launches 'Sovereign AI ETF' including Dunamu and Naver - Yonhap InfomaxHana Asset Management has launched an Exchange Traded Fund (ETF) that focuses on investing in domestic artificial intelligence (AI) software companies. On the 30th, Hana announced the launch of '1Q K Sovereign AI' ETF, the first in the country to invest in Sovereign AI. Sovereign AI refers to the capability to build independent AI through the nation’s AI infrastructure, data, manpower, and business networks. It is utilized in critical fields such as national security and defense, public, medical, pharmaceutical, manufacturing, and content sectors without relying on external sources. Currently, the government has proposed 'advancing to the top 3 AI powers' as a key national policy and the development of independent AI foundation models.