GraniteShares Files for Active ETF Targeting South Korea’s AI Leaders

GraniteShares has filed for the GraniteShares Korea AI Champions ETF, an actively managed fund targeting South Korea’s artificial intelligence ecosystem, with at least 80% of assets invested in Korean AI companies or swaps referencing their shares. The strategy extends beyond major memory chipmakers to include AI semiconductors, advanced packaging, robotics, cloud infrastructure, and companies developing proprietary foundation models. Holdings will be selected based on market leadership, AI-related revenues, and technological differentiation, with quarterly rebalancing and a proposed 20% single-company weighting cap. The fund may also allocate up to 15% of assets to illiquid investments, including private AI companies through special purpose vehicles and pre-IPO perpetual futures swaps. Derivatives will not be used to obtain leveraged exposure.