[2020 Capital Investment Awards] Focused Investment in Semiconductors, Secondary Batteries, and 5G Driving This Year's Stock Market

Mirae Asset Global Investments Wins Best Fund Award at Asia Capital Investment Awards

Seoyuseok, CEO of Mirae Asset Global Investments

[Asia Economy Reporter Minwoo Lee] Mirae Asset Global Investments, which achieved results by investing broadly in sectors that led this year's stock market rise such as semiconductors, secondary batteries, and 5G, received the Best Fund Award (Domestic Equity Type) at this year's Asia Capital Investment Awards.

The 'Mirae Asset TIGER Secondary Battery Theme Securities Listed Index Investment Trust (Equity)' is a representative example. According to financial information provider FnGuide, as of the 17th of last month, the fund recorded an asset size of 315.7 billion KRW and a year-to-date return of 60.07%, demonstrating both scale and investment performance.

The 'Mirae Asset Core Tech Fund' also achieved excellent results. Composed mainly of IT-related stocks such as semiconductors, secondary batteries, and 5G communication equipment, this fund recorded a cumulative return of 37.72% since its inception on October 21 last year, a 6-month return of 33.58% based on managed funds, and an excess return of 17.90% compared to its benchmark. According to the fund rating agency Zeroin, it attracted more than 190 billion KRW in inflows, the highest among domestic public equity funds excluding ETFs since the beginning of the year. The fund size nearly doubled within six months after surpassing 100 billion KRW in assets under management.

The key factors were investing in domestic IT companies capable of responding to changing industrial structures, companies with potential to localize high entry barrier technologies or core technologies, and companies supplying materials, parts, and equipment to these firms or providing software and related services.

Another strength was the thorough analysis of overseas markets and reflecting the situation accordingly. A Mirae Asset Global Investments official explained, "Due to the strong global synchronization trend in the IT sector, where stock price variables of overseas peer companies significantly affect domestic companies, overseas market research is crucial. In line with this, our global research organization shares work with overseas subsidiaries in Hong Kong, the United States, and other locations, which is a strength of Mirae Asset Global Investments."

This content was produced with the assistance of AI translation services.