Mirae Asset Global Investments to List Physical AI ETF Focused on Hyundai Motor and LG Electronics on the 22nd

[Financial News] Mirae Asset Global Investments will launch an exchange-traded fund (ETF) investing across the physical artificial intelligence (AI) industry, including robots, components and sensors, with a focus on Hyundai Motor and LG Electronics.
Mirae Asset Global Investments said on the 21st that it will list the TIGER Hyundai Motor LG Electronics Fixed Physical AI Value Chain ETF on the KOSPI market on the 22nd.
The ETF is designed to allocate 25% each to Hyundai Motor and LG Electronics at regular rebalancing, keeping the combined weighting of the two stocks at 50%. The remaining half will consist of companies connected to the two firms through their supply chains, as well as stocks related to robots, components, sensors, AI and software.
The investment scope covers not only domestic companies but also those listed on U.S. stock exchanges. If humanoid robot companies related to physical AI pursue initial public offerings (IPOs) in the future, the ETF is designed to add them promptly based on their closing prices on the first business day after listing.
Hyundai Motor is expanding the adoption of robots at its production plants and logistics sites. Hyundai Motor Group plans to invest 50.5 trillion won in future new businesses, including robotics, by 2030.
LG Electronics is expanding its robotics business, focusing on homes and living spaces. At this year's CES, it unveiled the home robot CLOiD and the AXIUM actuator. While bringing motor and driver technologies in-house, the company is also working with external firms such as ROBOTIS and SPG to expand its ecosystem of key components, including reducers.
An official from Mirae Asset Global Investments said, "With the government also selecting physical AI as a key industry development priority and supporting its demonstration and transition to mass production, the role of companies with actual production sites and the ability to manufacture robot hardware will become even more important. Through this ETF, investors can invest across the entire physical AI value chain, from key robot components to AI software, centered on Hyundai Motor and LG Electronics."

[email protected] Lee Jung-hwa Reporter