The exchange-traded fund (ETF) aims to provide exposure to leading memory industry names and reflects strong benchmark performance.

Nomura Asset Management Company Ltd (Nomura AM) will launch the Next Funds Solactive Global Memory Index ETF, a new strategy which tracks the Solactive Global Memory Index (Total Return). The index comprises the 20 largest memory industry companies by market capitalisation The index represents companies in the global memory industry listed in developed markets, including South Korea and Taiwan, with the constituents deriving majority of their revenues from memory-related segments such as mem