KB Asset Management's 'RISE Hyundai Motor Fixed Physical AI' ETF Surpasses 500 Billion Won in Net Assets

Achieved in Just 13 Trading Days After Listing

KB Asset Management announced on June 4 that the 'RISE Hyundai Motor Fixed Physical AI' Exchange-Traded Fund (ETF) has surpassed 500 billion won in net assets.

According to KB Asset Management, this milestone was achieved just 13 trading days after its listing, fueled by strong demand from individual investors. Since listing, the cumulative net purchases by individuals have exceeded 550 billion won. As of the last two days, the cumulative return since listing is approximately 28.68%.

Recently, Hyundai Motor Group has been rapidly transforming itself into a future manufacturing company that goes beyond automobile production to encompass robotics, autonomous driving, and smart manufacturing systems. In particular, the group is recognized as a leading company in the global physical AI industry, possessing both robotics competitiveness based on Boston Dynamics and an actual mass production system.

The RISE Hyundai Motor Fixed Physical AI ETF includes not only major subsidiaries of Hyundai Motor Group but also key partner companies expected to directly benefit from the group's transition to robotics and AI. Hyundai Motor is weighted at around 25%, and the ETF comprises the top 14 stocks with the highest similarity scores to physical AI (autonomous driving, robotics, factory automation). It uses a market capitalization-weighted approach, but the maximum weight per stock is capped at 15% to prevent over-concentration in any single stock.

Unlike traditional automobile ETFs, this fund reduces exposure to the internal combustion engine-focused automotive sector and increases allocations to robotics, AI software, and smart factory-related stocks. At the same time, it focuses on companies with stable performance and sound financial structures, thereby reducing volatility compared to typical robotics-themed ETFs.

As of this date, the major holdings of the ETF are Hyundai Motor (23.69%), Hyundai Mobis (16.90%), LG Innotek (13.68%), Kia (10.79%), Hyundai Autoever (9.19%), Rainbow Robotics (6.86%), LG CNS (6.12%), Doosan Robotics (4.52%), Robotis (2.74%), and SL (1.49%).

Yook Donghui, Head of ETF Product Marketing at KB Asset Management, stated, "Hyundai Motor Group is evolving into South Korea's leading physical AI platform company, connecting robotics, software-defined vehicles (SDV), smart factories, and autonomous driving." He added, "The RISE Hyundai Motor Fixed Physical AI ETF is a next-generation strategic product that captures both the potential for Hyundai Motor Group's corporate value re-rating and the growth momentum of its core partners."

This content was produced with the assistance of AI translation services.