Hanwha Asset Management announced on the 14th that it will newly list the 'PLUS Global Nuclear Value Chain' exchange-traded fund (ETF), which invests in the entire nuclear value chain.
The PLUS Global Nuclear Value Chain ETF is a product that can expect benefits from the United States' domestic uranium and nuclear value chain development roadmap and the pro-nuclear policy of the Trump administration's second term aimed at energy independence.
Hanwha Asset Management explained that the PLUS Global Nuclear Value Chain ETF comprises a portfolio of major uranium and nuclear corporations from allied countries, such as the United States, Canada, and the United Kingdom.
The ETF includes a portfolio that encompasses both the upstream and downstream industries of the nuclear value chain, investing in uranium mining and processing (Cameco, Uranium Energy), uranium conversion and enrichment (Centrus Energy), nuclear power plant design and construction (BWX Technologies, NuScale Power), small modular reactors (SMR) (Fluor, NuScale Power), and physical uranium.
Kim Jeong-seop, head of the ETF business at Hanwha Asset Management, noted, "Nuclear power will be almost the only solution to meet the explosive demand for electricity in the age of artificial intelligence (AI)." He added, "The United States is expected to establish a new value chain with allied countries to secure enriched uranium, a nuclear fuel, and to construct nuclear power plants."
He further stated, "Particularly, attention should be paid to U.S. nuclear corporations such as 'Cameco' in Canada, which will supply uranium as an alternative to Russia, 'Centrus Energy' in the U.S., and 'NuScale Power,' which is gaining attention with SMR, as well as 'Fluor,' which is engaged in nuclear design and maintenance."