SOL US Tech TOP10 ETF Surpasses 200 Billion Won in Net Assets
Shinhan Asset Management announced on September 9 that the net assets of the SOL US Tech TOP10 ETF have surpassed 200 billion won.
The SOL US Tech TOP10 ETF allows individual investors to invest in leading US big tech companies, which have become essential holdings in pension accounts, at a low annual fee of 0.05%. Since its listing, the ETF has continued stable growth, with steady demand from investors utilizing tax-advantaged accounts such as pensions and ISAs.
Despite increased stock price volatility among US big tech companies due to US tariff issues and the emergence of China's DeepSeek, and despite some investor outflows following the rise in the domestic stock market, individuals have recorded net purchases totaling 27 billion won since the beginning of the year.
Over the past month, Google and Broadcom have risen by 16.42% and 13.34%, respectively, while the SOL US Tech TOP10 ETF has posted a return of 2.85%. The three-month return stands at 19.05%.
Kim Junghyun, Head of ETF Business at Shinhan Asset Management, explained, "Apple, which recently announced a strengthening of its AI strategy along with stable earnings, and Google, which reaffirmed its dominant position in the search engine market, have both seen strong gains, contributing to the ETF's performance." He added, "Major US big tech companies are driving global growth in key areas such as AI, semiconductors, cloud, and platform services. The growth momentum of individual companies structurally translates into overall ETF performance."
Kim also stated, "For domestic investors, the ability to enjoy the stable growth of global innovative companies through long-term, regular investment using tax-advantaged accounts such as pensions and ISAs is a significant advantage."
The SOL US Tech TOP10 ETF is a product that diversifies investment across the top 10 tech-related stocks by market capitalization listed on the US Nasdaq. Its portfolio includes companies familiar to Korean investors, such as Nvidia, Apple, Microsoft, Alphabet (Google), Amazon, Meta, Tesla, and Broadcom. Since its listing in May last year, the cumulative return has reached 47.83%.
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To encourage long-term, regular investment in the SOL US Tech TOP10 ETF through pension accounts and ISAs, Shinhan Asset Management has been running a monthly net purchase certification event for major US index ETFs on the SOL ETF blog since the ETF's listing.
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