'Yuri Philadelphia Semiconductor Fund' Surpasses 200 Billion KRW in Net Assets

[Asia Economy Reporter Hwang Junho] Yurri Asset Management announced on the 23rd that the net assets of the 'Yurri Philadelphia Semiconductor Fund' have surpassed 200 billion KRW. This comes just over 100 days after exceeding 100 billion KRW at the end of August.

Yurri Asset Management stated, "This is analyzed as a result of the high quarterly performance of semiconductor companies and low valuation, leading to a 13.9% increase in the tracking index, the Philadelphia Semiconductor Index, since the end of August," and "while other tech stocks have entered a phase where investing is burdensome due to previous price increases, semiconductor stocks are still considered attractive for investment."

According to semiconductor research firms IDC and WSTS, the semiconductor market is expected to grow by approximately 10% next year compared to this year.

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