KB Non-Memory Semiconductor Active ETF Net Assets Surpass 200 Billion Won

KB Asset Management's 'KBSTAR Non-Memory Semiconductor Active ETF' has surpassed 200 billion KRW in net assets.

According to the financial investment industry on the 28th, the net assets of the ‘KBSTAR Non-Memory Semiconductor Active ETF’ were around 20 billion KRW at the beginning of this year, but with the emergence of ChatGPT and growing interest in non-memory semiconductors, the asset size increased to 249 billion KRW.

Additionally, the stock prices of semiconductor-related companies, which were relatively overlooked last year, have risen, resulting in high performance since the beginning of the year. The year-to-date return is 57.12% (as of August 25), the highest among semiconductor-related ETFs.

Looking at the top 10 index components, the company with the largest increase is Hanmi Semiconductor, a semiconductor equipment company, which rose 332% since the beginning of the year, and ISC, a semiconductor test solution company, also increased by more than 170%.

The benchmark for the ‘KBSTAR Non-Memory Semiconductor Active ETF’ is the ‘iSelect Non-Memory Semiconductor Index,’ which consists of common stocks listed on the Korea Exchange and KOSDAQ that cover the entire non-memory semiconductor industry.

Examining the index components, Samsung Electronics, a comprehensive semiconductor company, holds the largest weight at 13.17%, followed by Hanmi Semiconductor (9.09%), Ligno Industrial (7.89%), DB HiTek (7.67%), EO Technics (6.56%), Daeduck Electronics (4.91%), ISC (4.86%), and other notable domestic backend packaging companies.

Geum Jeong-seop, head of ETF Marketing at KB Asset Management, stated, "Non-memory semiconductors, which account for more than 70% of the entire semiconductor market, will grow further with the advancement of technologies such as AI, autonomous driving, IoT, and robotics," adding, "By utilizing the only non-memory related ETF listed domestically, ‘KBSTAR Non-Memory Semiconductor Active ETF,’ investors can easily invest in rapidly growing non-memory semiconductor companies."