Samsung Asset Management to List New KODEX Hyundai Motor Robotics Value Chain TOP3 Plus ETF

Samsung Asset Management announced on June 9 that it will list the 'KODEX Hyundai Motor Robotics Value Chain TOP3 Plus' exchange-traded fund (ETF), which invests in the core companies of Hyundai Motor Group's robotics value chain.

The KODEX Hyundai Motor Robotics Value Chain TOP3 Plus ETF is designed to focus its investments on the leading beneficiaries in the physical artificial intelligence (AI) market within Hyundai Motor Group, which is evolving into a global robotics powerhouse. Unlike traditional automobile-themed or simple group stock ETFs, this fund distinguishes itself by targeting the explosive growth of the robotics industry.

This ETF invests at least 75%, with 25% allocated to each, in the three core companies of Hyundai Motor Group’s robotics value chain: Hyundai Motor, Kia, and Hyundai Mobis.

Hyundai Motor and Kia are making visible strides toward the commercialization of robots, backed by their global manufacturing infrastructure and mass production capabilities, while Hyundai Mobis possesses key technological strengths in robotics components such as sensors and actuators (joint drive devices). In addition, the ETF includes significant allocations to Hyundai AutoEver, which develops robotics control software, and Hyundai Glovis, which holds a stake in Boston Dynamics, thereby creating a perfectly vertically integrated synergy in the portfolio that covers everything from parts manufacturing to smart factory applications.

Notably, this ETF is structured to allow for special inclusion of new core companies in the Hyundai Motor robotics value chain should they go public in the future. If Boston Dynamics, which is attracting the most anticipation in the market, is listed, the ETF can immediately include up to 25% in the portfolio.

As the era of physical AI is fully underway, Hyundai Motor Group is expanding its business centered around Boston Dynamics into fields such as humanoid robots and smart factories. The company is rapidly evolving into a global robotics group by leveraging its ability to secure physical data, manufacturing hardware expertise, and standardized processes. At the Hyundai Motor Meta-Plant (HMGMA), a smart factory, robots are being used in actual production settings to collect physical data, which will then be used to retrain robots and improve their performance, thereby establishing a virtuous cycle data system. This competitiveness is expected to be a unique strength for Hyundai Motor Group. Furthermore, major events are lined up for this year, including the opening of the Robot Meta-Plant Application Center (RMAC), the establishment of a Boston Dynamics manufacturing subsidiary in the United States, and the mass production of the next-generation electric humanoid robot 'Atlas'.

Ahyeon Song, manager at Samsung Asset Management, stated, "When investing in the robotics industry, it is essential to distinguish whether a company can generate economic results through actual mass production and business applications," adding, "The KODEX Hyundai Motor Robotics Value Chain TOP3 Plus ETF clearly presents a robotics roadmap and will serve as a solution for concentrated investment in the key value chain of Hyundai Motor Group, which is evolving into a global robotics company."

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