Mirae Asset Core Tech Fund Achieves 34% Return Over Past Three Months

Mirae Asset Global Investments announced on October 20 that the "Mirae Asset Core Tech Fund," which invests in leading domestic IT sectors such as semiconductors and secondary batteries, recorded a return of approximately 16.23% over the past month and about 34.04% over the past three months. Among domestic equity funds with more than 30 billion won in assets under management during this period, it ranked first.

According to fund evaluation agency KG Zeroin, as of October 17, the "Mirae Asset Core Tech Fund" posted a one-month return (Class C) of 16.23%. This figure exceeds the KOSPI's growth rate by 5.32 percentage points during the same period. Over three months, the fund delivered a return of 34.04%, outperforming the KOSPI by 12.4 percentage points, marking an outstanding performance.

The Mirae Asset Core Tech Fund is focused on investing in IT and growth companies that lead technological innovation in Korea. The fund invests in sectors such as artificial intelligence (AI), semiconductors, secondary batteries, and internet/software. Major holdings include Samsung Electronics, SK Hynix, ISU Petasys, Daeduck Electronics, and Hyosung Heavy Industries, which are beneficiaries of future technology trends in AI semiconductors, materials, components, equipment, and power devices. The fund prioritizes long-term growth over short-term volatility and employs a flexible rebalancing strategy by using the KOSPI as a reference index rather than a strict benchmark, allowing it to adapt to market conditions.

Recently, global stock markets have been on an upward trend due to expectations of interest rate cuts in the United States, strengthened growth momentum centered on AI and semiconductors, and economic stimulus policies in China. As semiconductor and AI-related technology stocks lead the market rally, the "Mirae Asset Core Tech Fund," which has a high proportion of such companies, is standing out.

The "Mirae Asset Core Tech Fund" reflects Mirae Asset Global Investments' in-depth analysis capabilities, which are based on the industry's largest research organization. Mirae Asset Global Investments has enhanced its global IT value chain analysis by collaborating with overseas subsidiaries in Hong Kong, the United States, and other countries. This has become an important competitive advantage in investing in domestic technology stocks, which tend to move in tandem with overseas IT stocks.

Kim Jeongsu, Head of Research Division 1 at Mirae Asset Global Investments, stated, "Although there is volatility due to mixed external factors such as the US-China trade dispute and interest rate cuts, we expect a positive market trend after the third quarter, driven by expanded investment in AI semiconductors and servers, interest rate cuts in the United States, a turnaround in the semiconductor industry, and the Korean government's strong commitment to boosting the stock market."

He added, "The Mirae Asset Core Tech Fund will continue to pursue a strategy that meets the needs of growth-oriented investors by focusing on Korean companies leading technological innovation and the expansion of the AI ecosystem."