NH-Amundi Asset Management's 'HANARO Fn K-Semiconductor ETF' Surpasses 1 Trillion Won in Net Assets

More Than Fivefold Growth in Just Over a Year

NH-Amundi Asset Management announced on January 29 that the 'HANARO Fn K-Semiconductor ETF,' which invests in key stocks of the domestic semiconductor industry, has surpassed 1 trillion won in total net assets.

According to the Korea Exchange, as of January 27, the net assets of the HANARO Fn K-Semiconductor ETF amounted to 1.0582 trillion won. The net assets, which stood at around 180 billion won at the beginning of last year, have surged more than fivefold in just over a year, fueled by the semiconductor rally.

The HANARO Fn K-Semiconductor ETF invests in 20 domestic semiconductor companies. Its distinguishing feature is that, in addition to leading K-Semiconductor companies such as Samsung Electronics and SK Hynix, it also includes Samsung Electro-Mechanics as a major holding. Samsung Electro-Mechanics is a global leader in the multilayer ceramic capacitor (MLCC) market, a key component for AI servers and automotive electronics, and is directly benefiting from the sharp increase in demand for high-value-added MLCCs.

In addition, the ETF is well-diversified with core domestic semiconductor materials, parts, and equipment companies, including Hanmi Semiconductor, Leeno Industrial, DB HiTek, Wonik IPS, and EO Technics.

Recently, the domestic semiconductor market has continued to enjoy a favorable environment, as the expansion of AI infrastructure has created a supplier-dominated market. This improvement in industry conditions has translated into overwhelming performance. As of January 27, the six-month return of the HANARO Fn K-Semiconductor ETF stood at 131.96%, the highest among domestic semiconductor ETFs excluding leveraged products.

NH-Amundi Asset Management forecasts that, as the era of 'Physical AI'-which involves tangible implementation such as autonomous vehicles and humanoids-takes off in earnest, investments in AI infrastructure will become even more sophisticated, and the resulting demand for semiconductors will continue to increase in the future.

Kim Seungcheol, Head of ETF Investment Division at NH-Amundi Asset Management, stated, "The recent explosive expansion of AI infrastructure has elevated memory semiconductors to an essential bottleneck resource," adding, "K-Semiconductors are at the core of the global AI infrastructure supply value chain, and there is a high possibility that both performance improvement and re-rating will continue this year."

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