AIK – Defiance Korea AI ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the performance, before fees and expenses, of the Solactive Korea AI Index (the “Index”). The index is designed to provide exposure to South Korean publicly listed companies whose products, services, or technologies support artificial intelligence (“AI”) infrastructure and applications, including companies involved in memory semiconductors, semiconductor manufacturing equipment, advanced packaging, and testing technologies. Under normal circumstances, the fund will invest at least 80% of the fund’s net assets (plus borrowings for investment purposes) in component securities that make up the index. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
AIK	Defiance Korea AI ETF	ETF	Open	—	—	Aug 25, 2026	—	0.650%	—	—	—

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