Hanwha Asset Management announced on the 12th that the recent one-month revenue of the 'PLUS Solar & ESS' and 'PLUS Global Nuclear Value Chain' exchange-traded funds (ETFs) has exceeded 25%.
According to financial information company FnGuide on the 12th, the recent revenue for the 'PLUS Solar & ESS' and 'PLUS Global Nuclear Value Chain' ETFs reached 25.08% and 26.85%, respectively, based on the closing prices as of the 10th of this month.
The 'PLUS Solar & ESS' ETF invests in 10 representative corporations engaging in the domestic solar power, power infrastructure, and energy storage systems (ESS) industries. The 'PLUS Global Nuclear Value Chain' ETF invests in the global nuclear industry, which is being recognized as a key power source in the era of artificial intelligence (AI).
Both ETFs are gaining attention as they are expected to benefit directly and indirectly from the global energy hegemony competition.
The domestic solar power industry is expected to benefit from the fallout of the U.S.-China tariff war. The recently announced U.S. tax reform draft included provisions that exclude Chinese solar companies from advanced manufacturing tax credits.
Additionally, expectations are rising that policy funds may flow into Korea, as the new government has placed its eco-friendly renewable energy transition policy, RE100, at the forefront.
The domestic nuclear industry is expected to benefit from the U.S.-China energy hegemony war. In response to China’s aggressive expansion of nuclear power plants, the U.S. aims to reshape the global nuclear market around itself.
Recently, President Trump declared the revival of the nuclear industry and signed four executive orders aimed at easing regulations related to the nuclear industry in the U.S. and fostering the value chain supply chain.