Finance
KB Asset Management lists Hyundai Motor Group physical AI investment ETF
KB Asset Management will list the RISE Hyundai Motor Fixed Physical AI ETF on May 12. The fund invests in key Hyundai Motor Group affiliates and partner companies expected to benefit from the group’s shift to robotics and artificial intelligence. Its benchmark is the KEDI Hyundai Motor Fixed Physical AI Index, which holds Hyundai Motor at a fixed 25 percent and invests in 14 stocks with high similarity to areas such as autonomous driving, robotics and factory automation.
