Shinhan Asset Management's SOL Semiconductor ETF Series Surpasses 400 Billion KRW in Net Assets

Shinhan Asset Management announced on the 7th that the assets under management for SOL ETF's semiconductor ETFs have surpassed 400 billion KRW. This achievement was reached within two years of launching the SOL Korea-style Global Semiconductor Active ETF in April 2022, thereby establishing a semiconductor lineup.

Junghyun Kim, Head of the ETF Business Division at Shinhan Asset Management, stated, “Our goal is to lead the market by proactively launching ETFs that investors need for semiconductor investments.” He added, “Considering the semiconductor industry's historically cyclical nature, stock price trends, the explosive demand for AI semiconductors following the full-scale emergence of artificial intelligence (AI), and the movements of semiconductor equipment companies that are beginning full-scale factory expansions despite low utilization rates, we believe ETFs that can prepare for the upcoming semiconductor upcycle must be continuously reinforced.”

Shinhan Asset Management was the first in Korea to list the ‘SOL Korea-style Global Semiconductor Active’ ETF, which allows investment in the world’s top semiconductor value chain companies at once. Following this, last year, they launched the first product excluding comprehensive semiconductor manufacturers and focusing only on materials, parts, and equipment companies?the ‘SOL AI Semiconductor SoBuJang ETF’?which attracted approximately 370 billion KRW in funds. This year, they have continued to strengthen their semiconductor ETF lineup by simultaneously listing ‘SOL Semiconductor Front-end’ and ‘SOL Semiconductor Back-end,’ portfolios compressed to 10 core companies in Korea’s semiconductor front-end and back-end processes.

Kim emphasized, “The semiconductor sector currently has 9 companies managing 32 ETFs, with a total net asset value of about 6 trillion KRW, making it a representative investment destination attracting attention from many asset managers.” He advised, “As investment concepts and portfolio compositions diversify, it is necessary to carefully consider management scale and expertise when making investment decisions.”

Alongside the secondary battery industry, the semiconductor industry has been spotlighted as a representative investment destination, with 17 new products listed in the domestic ETF market from last year to the present, expanding investors’ choices. By investment region, there are 14 domestic products totaling about 3 trillion KRW, 5 U.S. products totaling about 2.4 trillion KRW, and products that allow investment in specific countries such as China and Japan have also emerged.

Kim stated, “We are preparing to launch a global AI semiconductor ETF focused on U.S. semiconductor companies targeting the second quarter.” He emphasized, “We plan to offer diversified portfolio products so that investors can invest solely through SOL ETFs according to their investment preferences in the semiconductor industry.”

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