Yuri Asset Management's Yuri Philadelphia Semiconductor Fund Surpasses 100 Billion KRW in Net Assets

[Asia Economy Reporter Minji Lee] Yuri Asset Management announced on the 31st that the net assets of the Yuri Philadelphia Semiconductor Equity Fund have surpassed 100 billion KRW.

This milestone was achieved approximately 1 year and 8 months after the fund's inception, with a return rate (based on the mother fund) approaching 71%. This performance is considered outstanding compared to the S&P 500 index's 35% increase and the Nasdaq index's 57% rise during the same period.

This fund is an index fund that tracks the Philadelphia Semiconductor Index, a global representative semiconductor index, consisting of 30 leading global semiconductor stocks. It includes major stocks such as Nvidia, Qualcomm, AMD, and TSMC, which have recently attracted significant attention.

Semiconductor-related companies have entered a second semiconductor big cycle since last year. It is analyzed that the demand for smartphone replacements due to improved communication speeds with 5G and the expansion of data centers driven by the growth of the cloud market are rapidly increasing semiconductor companies' sales.

Experts predict that the semiconductor shortage (supply shortage phenomenon) will continue until next year as semiconductor usage increases across all industries, including sectors that previously did not use semiconductors. Jin-kyu Han, CIO (Chief Investment Officer) of Yuri Asset Management, emphasized, “Just as semiconductor companies were the highest earners during the last 10 years of tech stock rises, it is clear that they will be the most noteworthy investment destination in the ongoing process of the 4th Industrial Revolution.”

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