Mirae Asset Global Investments announced on the 8th that the 'TIGER US Philadelphia Semiconductor Nasdaq ETF' has increased by more than 300 billion KRW over the past three months, surpassing 1.75 trillion KRW in net assets.


According to the Korea Exchange, as of the closing price on the 7th, the net assets of the 'TIGER US Philadelphia Semiconductor Nasdaq ETF' stand at 1.7587 trillion KRW. This is the first time net assets have exceeded 1.75 trillion KRW, growing 126 times from 14 billion KRW at the time of its listing in 2021. It is the largest among the 29 semiconductor investment ETFs listed domestically.


The 'TIGER US Philadelphia Semiconductor Nasdaq ETF' tracks the US Philadelphia Semiconductor Index. Composed of 30 major global non-memory semiconductor companies such as Nvidia, AMD, and Qualcomm, this index represents the global semiconductor industry worldwide. Since its inception in 1993, it has shown a long-term upward trend in line with the growth of the semiconductor industry. Last year, fueled by the 'ChatGPT' craze, it recorded a 64.9% return over one year, and with continued upward momentum, it reached an all-time high in January.


Based on the high growth potential of the semiconductor industry, the 'TIGER US Philadelphia Semiconductor Nasdaq ETF' is a representative semiconductor investment ETF that has attracted strong interest among individual investors. As of the 7th, the cumulative net purchase amount by individuals is 808.4 billion KRW. The average daily trading volume over the past three months is 37.4 billion KRW, the largest among semiconductor ETFs listed domestically.



Kim Ji-yeon, Senior Manager of the ETF Management Division at Mirae Asset Global Investments, forecasted, "Following generative AI, the recently spotlighted on-device AI sector will continue to drive momentum in the global AI semiconductor industry." She added, "The 'TIGER US Philadelphia Semiconductor ETF,' which invests evenly across the value chain, will be an efficient investment tool for investors expecting growth in the semiconductor industry."

Mirae Asset's 'TIGER Philadelphia Semiconductor Nasdaq' Surpasses 1.75 Trillion KRW in Net Assets View original image


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