HANARO Fn K-Semiconductor ETF Surpasses 700 Billion Won in Net Assets

NH-Amundi Asset Management announced on November 3 that the total net assets of the 'HANARO Fn K-Semiconductor ETF' have surpassed 700 billion won.

According to Koscom ETF CHECK, as of October 30, the net assets of the HANARO Fn K-Semiconductor ETF amounted to 702.3 billion won. This marks an increase of 200 billion won in just 10 days since the net assets exceeded 500 billion won on October 20.

This rapid growth was largely driven by the domestic semiconductor rally led by Samsung Electronics and SK Hynix. The Korean semiconductor market is experiencing an unprecedented boom, as a supply-driven market has formed amid a surge in global demand centered on artificial intelligence (AI) data centers. These high expectations are also reflected in stock prices. Samsung Electronics not only surpassed the 100,000 won mark for the first time in history but is also continuing its upward momentum following the announcement of strong third-quarter results.

The HANARO Fn K-Semiconductor ETF invests in 20 leading Korean semiconductor companies. The ETF is structured based on a free-float market capitalization weighting method. As of October 30, the combined weighting of Samsung Electronics and SK Hynix was 56.15%, the highest among domestic equity-type semiconductor ETFs excluding leveraged products.

As of October 30, the HANARO Fn K-Semiconductor ETF recorded returns of 30.04% over one month, 59.83% over three months, and 112.49% over six months, standing out among domestic semiconductor ETFs.

Kim Seungcheol, Head of ETF Investment Division at NH-Amundi Asset Management, explained, "The increase in semiconductor prices driven by expanded AI investment is spreading from advanced semiconductors to general-purpose products, which is expected to have a positive effect on domestic semiconductor companies." He added, "The HANARO Fn K-Semiconductor ETF is the optimal ETF for effective investment in leading domestic semiconductor companies such as Samsung Electronics and SK Hynix."

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