Nomura Investment Trust has launched the active ETF "Active Nomura Asia Technology ETF (00420A)" and the passive ETF "Nomura Korea Technology 30 ETF (009833)", which will be raised for a limited time from November 3 to 6.
Optimistic about the continued spread of AI capital expenditures to the Asian supply chain, Nomura Investment Trust has taken advantage of the situation to launch the active ETF "Active Nomura Asia Technology ETF (00420A)", which will be deployed in Asian markets such as Taiwan, Japan, and South Korea, and the passive ETF "Nomura Korea Technology 30 ETF (009833)", which will be raised for a limited time from November 3 to 6. Through cross-market active stock selection and an index strategy focusing on Korean technology, it will seize the growth opportunities of Asian technology.
The AI craze has pushed global technology stocks to higher levels. Recently, the market has been shaken by interest rates, inflation and evaluation concerns. Whether there is still room for entry after Asian technology stocks have risen has become the focus of investors. Faced with the considerable gains accumulated in the stock markets of Taiwan, Japan and South Korea, whether corporate profit growth can support the current evaluation has also become an important key to judging the timing of layout.
Huang Yunjie, head of Nomura Investment Strategy Department, said that as global technology giants continue to expand investment in AI infrastructure, orders and profit momentum spread along the supply chain to Asia, driving Taiwan, Japan and South Korea stock markets to accumulate considerable gains since 2023. Although stock prices have risen significantly, corporate profits still have growth potential. The estimated earnings per share (EPS) growth rates of the Taiwan, Japan, and South Korea information technology indexes in 2027 will be 37%, 41%, and 42% respectively. Huang Yunjie pointed out that although the U.S. Federal Reserve (Fed) interest rate hike may bring evaluation pressure, the medium and long-term trend of technology stocks still depends on corporate profit growth and forecast upward revision momentum. Investors should return to fundamentals and evaluation standards, carefully evaluate the timing of entry, and pay attention to short-term fluctuation risks.
The active Nomura Asia Technology ETF (00420A) is operated by Nomura Investment Trust, with Japan's Nomura Asset Management as an investment consultant, and combined with Taiwan and Japan investment research resources. Fund manager Wang Boqiang said that global technology investment is often concentrated in large-capitalization stocks in the United States. The United States accounts for more than 70% of the MSCI Global Technology Index, and Taiwan, Japan and South Korea account for less than 20%. There are still many technology companies in Asia worth exploring. On the other hand, the technology industry in various Asian countries has rotated rapidly in the past 10 years, and the leading market changes from year to year. If investors chase the market that has surged, they may miss the next wave of growth opportunities. 00420A uses active stock selection and cross-market layout to find companies with both profitable growth, industrial competitiveness and reasonable evaluation, and seize investment opportunities amid market fluctuations.
Lin Liangyu, fund manager of Nomura Korea Technology 30ETF (009833), said that as the demand for AI computing continues to expand, the demand for high-bandwidth memory (HBM) and high-end DRAM is simultaneously heating up. Major Korean memory manufacturers are actively expanding production, and business opportunities are gradually extending to semiconductor equipment, packaging and testing, and electronic components. Faced with the market shock after technology stocks rose, corporate R&D capabilities, profit quality and stock price momentum deserve more attention. 009833 tracks the "NYSE TIP Korea Technology 30 Index". In addition to market capitalization and liquidity thresholds, it also requires that corporate R&D expenses account for at least 2% of revenue and must not suffer operating losses for 8 consecutive quarters. It also excludes stocks ranked in the bottom 10% of stock price momentum and selects 30 Korean technology companies. It is expected to participate in the growth opportunities of South Korea's technology industry through indexing strategies.
