Mirae Asset Global Investments announced on March 3 that the 'TIGER Semiconductor TOP10' Exchange-Traded Fund (ETF) has surpassed 1 trillion won in net purchases by individual investors since the beginning of the year.
According to the Korea Exchange, as of the closing price on February 27, the net purchases by individual investors in the TIGER Semiconductor TOP10 ETF since the start of the year reached 1.2604 trillion won. The fund's net asset value stands at 7.152 trillion won, making it the largest among domestic equity-themed ETFs listed in Korea.
The TIGER Semiconductor TOP10 ETF invests in ten core companies that represent Korea's semiconductor industry. More than half of the portfolio is allocated to SK hynix (29.98%) and Samsung Electronics (25.64%), meaning the share price trends of these major domestic semiconductor stocks are directly reflected in the ETF's performance. Additionally, the fund selectively includes key materials, components, and equipment (so-called 'SoBuJang') companies such as Hanmi Semiconductor, Leeno Industrial, and Wonik IPS, constructing a portfolio centered on competitive players across the entire semiconductor value chain.
In the semiconductor market, expectations for a recovery in business conditions are being fueled by a sharp rise in memory prices and increasing demand for artificial intelligence (AI). It is projected that the combined operating profit of Samsung Electronics and SK hynix this year will reach approximately 300 trillion won. This semiconductor rally is seen not as a short-term expectation but as a cycle based on actual earnings. Riding this trend, the product has risen 79.46% since the start of the year, outperforming the KOSPI (48.17%), and has achieved a cumulative return of 286.36% since its listing in August 2021.
Jung Eu-hyun, Head of ETF Management Division at Mirae Asset Global Investments, stated, "We are seeing structural growth in demand for memory semiconductors driven by the spread of AI," and added, "The TIGER Semiconductor TOP10 ETF, through its concentrated investment in Samsung Electronics and SK hynix, is well positioned to capture the benefits of the ongoing semiconductor supercycle."
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