Kiwoom Asset Management announced on the 5th that it will conduct a portfolio rebalancing of the "KIWOOM U.S. Quantum Computing" exchange-traded fund (ETF), launched in December last year. Through this rebalancing, the plan is to newly include specialized technology companies in quantum computing such as Rigetti Computing, D-Wave Quantum, and Quantum Computing.
Kiwoom Asset Management announced that the rebalancing, which readjusts the investment assets and allocation ratio of the "KIWOOM U.S. Quantum Computing," will take effect on the 6th. The "KIWOOM U.S. Quantum Computing" will include new additions of specialized technology companies in quantum computing like Rigetti Computing, D-Wave Quantum, and Quantum Computing, as well as cyber security company Fortinet, which is leading in quantum encryption, Cloudflare, and defense contractor Lockheed Martin, which is advancing in quantum technology development.
"KIWOOM U.S. Quantum Computing" is a product that focuses on investing in 20 U.S. quantum computing corporations that lead global quantum industry growth. The portfolio starting from the 6th will include both small and innovative companies such as IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing, as well as large tech stocks like Alphabet, Microsoft, IBM, NVIDIA, and Amazon.
In order to more quickly reflect the dynamically changing environment of the quantum computing industry, Kiwoom Asset Management has increased the regular adjustment cycle of the basic index of the "KIWOOM U.S. Quantum Computing" from twice a year (May and November) to four times a year (March, June, September, and December). The rebalancing will be conducted after the market closes on this day and will be reflected when the market opens on the 6th.
A Kiwoom Asset Management official noted, "As the quantum computing industry is in its early stages of growth, individual corporations tend to have high volatility, but by using an ETF, one can maintain lower volatility compared to investing in individual stocks while being able to ride along with the industry's long-term growth potential."