“Expectations for KOSPI 5,000 Led… First Launch After Achieving Total Net Asset of 100 Trillion Won”
(Seoul = Yonhap News) Reporter Kim Tae-kyun = Samsung Asset Management is launching a new exchange-traded fund (ETF) that invests in companies participating in the national AI development project called ‘Sovereign AI’.
On the 20th, Samsung Asset Management held a press conference at the Westin Chosun Hotel in Jung-gu, Seoul, announcing that the ‘KODEX Korea Sovereign AI’ ETF will be newly listed on the 21st.
Sovereign AI refers to an AI system that is developed and operated independently within the country, without relying on major foreign AI models or infrastructure.
Our government has determined that securing Sovereign AI is essential amidst intensifying global AI competition and is pushing forward with a plan to invest 100 trillion won.
Consequently, favorable policies such as data center construction, data acquisition, national cloud business, and talent support are expected to activate massive investments in the Korean AI industry.
The ETF will invest extensively in industries related to AI, including listed companies participating in government projects to develop proprietary AI foundational models, AI semiconductors, data centers, cloud, software, and energy.
Key stocks include Naver in AI model technology, LG CNS in AI infrastructure, SK Hynix in AI semiconductors, and Doosan Enerbility in the power sector.
Im Tae-hyuk, head of the ETF Management Division at Samsung Asset Management, stated, “Sovereign AI driven by the state is expected to become a core sector in this already initiated global trend,” and added, “Investors who aim to swiftly invest in the growth potential of the Korea-tailored AI market can effectively use this product to invest directly in national AI enterprises.”
Samsung Asset Management is the leader in the domestic ETF industry and recently set a record as the first to surpass a total net asset of 100 trillion won.
This ETF is the first product released by the company after exceeding 100 trillion won.
Division head Im emphasized, “We have prepared this ETF as the first step toward the next leap forward internally, which holds significant meaning. The next leading trend will be companies that increase their earnings per share (EPS) through technological innovation, and among them, Korea Sovereign AI will become a new leading sector heading toward the ‘KOSPI 5,000 era’.”