Mirae Asset Management's 'TIGER Fn Bandochae TOP10 ETF' Surpasses 800 Billion KRW in Net Assets

Mirae Asset Global Investments announced on the 23rd that the net assets of the ‘TIGER Fn Semiconductor TOP10 Exchange Traded Fund (ETF)’ have surpassed 800 billion KRW.

According to the Korea Exchange, as of the closing price on the 22nd, the net assets of the ‘TIGER Fn Semiconductor TOP10 ETF’ stand at 883.7 billion KRW. It is the largest semiconductor investment ETF listed domestically.

Thanks to the recent rise in Nvidia’s stock price, the popularity of semiconductor investment ETFs is steadily increasing. Among them, the ‘TIGER Fn Semiconductor TOP10 ETF’ increased its net asset size by approximately 170 billion KRW since the beginning of the year as of the 22nd, showing the largest growth among domestically listed semiconductor ETFs.

The ‘TIGER Fn Semiconductor TOP10 ETF’ focuses its investments on the top 10 domestic semiconductor companies. As of the 22nd, the combined weight of the leading domestic semiconductor stocks ‘Samsung Electronics (24%)’ and ‘SK Hynix (26%)’ is 50%. In addition to Samsung Electronics and SK Hynix, major semiconductor companies included are ‘Hanmi Semiconductor’, which supplies equipment related to HBM for high-performance AI semiconductors, and ‘Rino Industrial’, recognized as a beneficiary of on-device AI.

These companies are expected to benefit from the recent surge in demand for high-performance semiconductors. With the global acceleration of generative AI competition, including OpenAI’s latest AI model ‘GPT-4o’ and Google’s ‘Gemini 1.5 Pro’, the competitiveness of companies capable of producing high-performance semiconductors has increased. Notably, Samsung Electronics and SK Hynix, leading the high-bandwidth memory (HBM) market, a core AI semiconductor component, announced this year that their HBM products are sold out.

In addition to the ‘TIGER Fn Semiconductor TOP10 ETF’, Mirae Asset Global Investments offers a lineup of TIGER semiconductor ETFs investing in domestic semiconductor companies. The ‘TIGER Semiconductor ETF (091230)’ diversifies investments across the entire domestic semiconductor value chain, from large-cap stocks like Samsung Electronics and SK Hynix to small and mid-cap stocks such as Hanmi Semiconductor. The ‘TIGER AI Semiconductor Core Process ETF’ focuses intensively on AI semiconductor materials and parts companies like Hanmi Semiconductor, Rino Industrial, and HPSP. The total net assets of these three ETFs amount to 1.3083 trillion KRW, the largest among domestic asset managers. Detailed information about TIGER semiconductor ETFs can be found in the ‘Semiconductor ETF Guidebook’ on the TIGER ETF website.

Shin Seung-woo, manager of the ETF management team at Mirae Asset Global Investments, said, “If you are interested in domestic semiconductor companies expected to sustain growth amid surging demand for high-performance semiconductors, you can anticipate benefiting from the growth of the semiconductor industry.” He added, “‘TIGER Fn Semiconductor TOP10 ETF’ will be a solution to effectively invest in national representative semiconductor companies leading AI semiconductor technology.”