HANetf has launched the Defiance Memory UCITS ETF (DRAM) onto the London Stock Exchange, providing UK investors exposure to companies involved in the development, commercialisation and storage of memory semiconductors and data.
Exposure to the memory sector through ETF’s has so far been confined to the US, where assets are about $20bn. The new launch aims to allow European investors to access this sector, which will need to expand as AI demand is expected to outstrip supply.
This further enhances Defiance’s UCITS range, which includes the Defiance AI & Power Infrastructure UCITS ETF (AIPO).
Sylvia Jablonski, CIO of Defiance ETFs, said: “DRAM gives European investors a direct, rules-based way to access this segment of the AI value chain, complementing the power infrastructure exposure already available through AIPO.”
Hector McNeil, co-founder and co-CEO of HANetf, added: “The ETF captures a sector that has seen significant growth recently, driven predominantly by the rise of AI and its infrastructure.
“This ETF particularly complements Defiance’s AIPO ETF, which provides access to the power infrastructure behind the AI buildout.”
