Korea Investment & Securities Sees Strong Sales of 'JP Morgan US Tech Fund'... Spotlight on AI Infrastructure Beneficiaries

Korea Investment & Securities' "Korea Investment JP Morgan US Tech Fund," launched in partnership with JP Morgan Asset Management, is attracting significant investor interest by rapidly gathering funds in the retail market. This surge in attention is driven by the strategy of investing in companies expected to benefit from the expansion of artificial intelligence (AI) computing infrastructure.

According to Korea Investment & Securities on July 28, this fund is a feeder fund that invests in the "JPMorgan US Technology Fund" established in Luxembourg. By allocating more than 60% of its assets to the master fund, it selects companies aligned with the long-term growth trajectory of the US technology industry.

Unlike the traditional approach of merely holding large-cap technology stocks, this fund distinguishes itself by investing in core companies across the entire AI ecosystem, including AI computing, networking, power infrastructure, memory, and customized processors. As capital expenditures in AI-related facilities drive corporate earnings across the US, Japan, and broader Asian stock markets, the fund provides broad exposure to related industries.

The portfolio is diversified across approximately 50 to 70 stocks. Portfolio managers with an average of more than 23 years of experience conduct comprehensive analyses based on bottom-up research to select investment targets, considering factors such as growth potential, profitability, and valuation.

Expectations for growth in the tech industry, centering on AI, are fueling increased investment demand. In June, amid a boom in ETF investments, 300 billion won in new funds flowed into the fund within just one week. As of the end of July, Korea Investment & Securities is managing a total of 560 billion won across the two funds launched in collaboration with JP Morgan Asset Management.

Previously, Korea Investment & Securities and JP Morgan Asset Management signed a strategic business agreement, aiming to expand the supply of global investment products and enhance services for retail clients. JP Morgan Asset Management is a global asset manager with approximately $4.2 trillion in assets under management, operating a research platform backed by an annual budget of about $480 million and a team of around 100 analysts. Korea Investment & Securities provides domestic clients with exclusive access to JP Morgan Asset Management's market analysis and investment insights.

Kim Sunghwan, CEO of Korea Investment & Securities, said, "Through our collaboration with JP Morgan Asset Management, we are expanding our products and services to provide Korean investors with more convenient access to diverse global investment opportunities. We will continue to strengthen our global financial network and offer investment solutions that contribute to our clients' asset growth."

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