'TIGER AI Bandochae Haegsim Gongjeong ETF' Net Assets Surpass 100 Billion Won
Mirae Asset Global Investments announced on the 19th that the net assets of the TIGER AI Semiconductor Core Process Exchange Traded Fund (ETF) have surpassed 100 billion KRW. According to the Korea Exchange, the net assets based on the closing price of the previous day amount to 105.2 billion KRW. This means the net assets exceeded 100 billion KRW in less than a month since its listing on the 21st of last month.
This product focuses on investing in domestic semiconductor companies with core AI semiconductor technologies such as HBM (packaging) and miniaturization. The ETF's underlying index is the iSelect AI Semiconductor Core Process Index. It is composed exclusively of companies expected to benefit from the global AI value chain, including Hanmi Semiconductor and Isu Petasys, which possess advanced AI semiconductor manufacturing technologies. As of the previous day, the proportion of AI semiconductor-related stocks including HBM is 100%.
AI semiconductors are expected to drive the growth of the semiconductor industry in the future, benefiting domestic semiconductor companies that account for about 90% of the global HBM market. The recent recovery in semiconductor exports for two consecutive months has also raised expectations. With Samsung Electronics having developed the world's first next-generation miniaturization technology called Gate-All-Around (GAA), investments in EUV (Extreme Ultraviolet) companies closely related to the GAA process are also attracting attention. The TIGER AI Semiconductor Core Process ETF invests in domestic EUV-related companies such as Dongjin Semichem, which produces EUV photoresist materials, and Park Systems, a company specializing in EUV mask repair equipment.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Jung Eun-bin, manager of the ETF Operations Division at Mirae Asset Global Investments, stated, "Demand for HBM is expected to increase next year as domestic and international companies expand related facility investments. If investors show interest in AI semiconductor core process companies with sustainable growth prospects, they can expect to benefit from the growth of the AI semiconductor industry."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.