KB Asset Management said on the 14th that it will newly list the "RISE U.S. Space & Robot TOP2 U.S. Treasury Mixed 50 ETF."
This product is a bond-mixed ETF that includes SpaceX and Tesla, regarded as leading corporations in the U.S. space industry and artificial intelligence (AI)-based robotics industry, at 25% each, with the remaining 50% invested in U.S. short-term Treasurys. The underlying index tracks the "Akros U.S. Space-Robot TOP2 U.S. Treasury Mixed 50 Index."
The equity portfolio is composed of SpaceX and Tesla at equal weights, and the bond allocation is diversified into U.S. short-term Treasury ETFs with a remaining maturity of one year or less. To maintain target weights, it conducts monthly rebalancing (adjustment), and the total fee is 0.13% per year.
This ETF is classified as a safe asset by applying a bond-mixed structure. Accordingly, it can be invested in at 100% not only in individual pension accounts but also in defined contribution and individual retirement pension (DC·IRP) accounts.
KB Asset Management said it designed the product with a focus on the space-AI-robot converged ecosystem presented by Elon Musk, who leads SpaceX and Tesla. It said the portfolio captures the growth potential of space infrastructure and AI-based robotics in a single portfolio while lowering volatility by also including U.S. short-term Treasurys.
Yuk Dong-hwi, head of ETF product marketing at KB Asset Management, said, "SpaceX and Tesla are core corporations that will lead future industries, and their volatility is as high as their growth potential," adding, "The 'RISE U.S. Space & Robot TOP2 U.S. Treasury Mixed 50 ETF' lowers volatility by also including U.S. short-term Treasurys, making it an investment vehicle that investors can use over the long term in individual pension and retirement pension accounts."