NH-Amundi launches US Agentic AI TOP2+ ETF

NH-Amundi Asset Management has announced the listing of the ‘HANARO US Agentic AI TOP2+’ ETF, a fund specifically targeting companies within the agentic artificial intelligence industry and its supporting infrastructure.

The ETF focuses on ten US-listed companies involved in agentic AI, utilizing a large language model to select firms based on their relevance scores. The fund’s strategy allocates 50% of its portfolio to the top two companies with leading foundation models, with Microsoft and Alphabet serving as the top two holdings as of late August.

In addition to model developers, the fund invests in the infrastructure required to run these models, including cloud services, computing power, networking, data, and security. Other included companies are Meta, Amazon.com, CrowdStrike, Datadog, and Dell Technologies. The index methodology also allows for the inclusion of highly relevant companies outside of regular rebalancing schedules if they go public.