HANARO Fn K-Semiconductor ETF Surpasses 500 Billion Won in Net Assets

NH-Amundi Asset Management announced on October 24 that the net asset value (NAV) of the HANARO Fn K-Semiconductor ETF has surpassed 500 billion won.

According to KOSCOM ETF CHECK, as of the 22nd, the NAV of the HANARO Fn K-Semiconductor ETF stood at 503.5 billion won. The NAV, which was around 245.9 billion won at the beginning of last month, has more than doubled in just two months. This surge was largely driven by the domestic semiconductor rally led by Samsung Electronics and SK Hynix.

The HANARO Fn K-Semiconductor ETF invests in 20 leading Korean semiconductor companies. It is characterized by a weighting method based on free-float market capitalization. As of the 22nd, Samsung Electronics and SK Hynix together accounted for 53.96% of the ETF, the highest proportion among domestic equity-type semiconductor ETFs. This high concentration is analyzed as a key factor contributing to its strong performance.

As of the 22nd, the HANARO Fn K-Semiconductor ETF recorded returns of 19.62% over one month, 55.61% over three months, and 99.03% over six months.

The domestic semiconductor market is experiencing an unprecedented boom, as a supply-driven market has formed amid surging global demand centered on AI data centers. Large-scale AI infrastructure investments by big tech companies, such as OpenAI's "Stargate Project," are expected to sustain a memory semiconductor boom for the next two to three years.

Kim Seungcheol, Head of ETF Investment Division at NH-Amundi Asset Management, stated, "The K-semiconductor industry is likely to experience a prolonged upward cycle, fueled by expanding AI infrastructure investments and an oligopolistic market structure," adding, "The HANARO Fn K-Semiconductor ETF is the optimal ETF for effective investment in Korea's leading semiconductor companies, including Samsung Electronics and SK Hynix."