Shinhan Asset Management Purchases Over 10 Billion KRW Net in Two SOL AI Semiconductor ETFs

Shinhan Asset Management announced on the 17th that 110 billion KRW flowed into two ‘SOL AI Semiconductor ETF’ products in just one day on the 16th.

Approximately 7.7 billion KRW was net purchased in ‘SOL AI Semiconductor Sobujang,’ a leading domestic artificial intelligence (AI) semiconductor exchange-traded fund (ETF). Additionally, individual investors net purchased about 3.5 billion KRW from the first day of listing in the newly launched overseas AI semiconductor ETF, ‘SOL US AI Semiconductor Chipmaker.’

Kim Jeong-hyun, Head of the ETF Business Division at Shinhan Asset Management, said, “Despite the significant market decline, semiconductor investors seem to be viewing the adjustment as an opportunity from a supply and demand perspective,” adding, “Recently, semiconductor ETFs have shown a remarkable trend of strong inflows of funds from individual investors and bank clients whenever the market undergoes corrections.”

Looking at the supply and demand of ‘SOL AI Semiconductor Sobujang,’ individual investors and bank clients net purchased about 55 billion KRW during the semiconductor adjustment period in early April. Due to the adjustment in the US market the previous day, with slight declines in Nvidia (-2.48%) and AMD (-1.81%), the sentiment of investors appears to have been reflected in the SOL US AI Semiconductor Chipmaker ETF, which started off lower on its first day of listing.

Kim explained, “The SOL ETFs have a lineup of products segmented by value chain and process, along with representative AI semiconductor investments domestically and overseas, enabling selective responses according to market conditions.” He also noted, “Given the current phase where geopolitical risks in the Middle East are highlighted alongside issues such as international oil prices and exchange rates, diversified investment considering macro issues is important.”

Meanwhile, Shinhan Asset Management launched ‘SOL AI Semiconductor Sobujang,’ the first Sobujang investment ETF composed solely of materials, parts, and equipment companies, excluding comprehensive semiconductor manufacturers among domestic semiconductor firms. They also operate the AI semiconductor ETF ‘SOL US AI Semiconductor Chipmaker,’ which focuses on chipmaker companies at the center of the global AI semiconductor market such as Nvidia and AMD, leading the semiconductor ETF investment trend.

Alongside this, they have a solid semiconductor investment lineup including ‘SOL Korean-style Global Semiconductor Active,’ which allows investment in the top global semiconductor value chain companies at once, as well as ‘SOL Semiconductor Front-end Process’ and ‘SOL Semiconductor Back-end Process,’ which segment domestic semiconductor company portfolios according to semiconductor processing stages.