NH-Amundi Asset Management's HANARO Fn K-Semiconductor ETF Surpasses 3 Trillion Won in Net Assets

NH-Amundi Asset Management announced on the 15th that the net asset value (NAV) of the "HANARO Fn K-Semiconductor" Exchange Traded Fund (ETF), which invests in core stocks of the domestic semiconductor industry, has surpassed 3 trillion won.

According to the Korea Exchange, as of May 13, the NAV of the HANARO Fn K-Semiconductor ETF was recorded at 3.0639 trillion won. After surpassing 2 trillion won at the end of April, the fund added another 1 trillion won in just about two weeks.

This ETF invests in 20 domestic semiconductor-related stocks, including leading K-semiconductor companies such as Samsung Electronics and SK hynix. Notably, it holds a significant weight in Samsung Electro-Mechanics, a dominant player in multilayer ceramic capacitors (MLCCs) and high-density package substrates (FC-BGA), which are essential materials for AI data centers and have recently attracted attention. The expectation for improving earnings at Samsung Electro-Mechanics is driving its share price higher, which has become a key driver for the ETF's overall performance.

Its outstanding returns are leading to increased inflows from investors. As of May 13, the ETF has posted a year-to-date return of 178.19%, a six-month return of 197.63%, and a one-year return of 504.19%. This is the highest among domestic equity-type semiconductor ETFs, excluding leveraged products.

The current semiconductor market is seeing explosive demand for high-bandwidth memory (HBM) due to AI infrastructure expansion, combined with a shortage of general-purpose memory supply, which is driving performance growth across the K-semiconductor sector. As competition among global big tech companies for securing supplies intensifies and long-term agreements (LTAs) are increasingly being signed, there are growing expectations for a longer-lasting semiconductor supercycle than in the past.

Kim Seungcheol, Head of ETF Investment Division at NH-Amundi Asset Management, stated, "As the core of AI technology shifts from learning to inference, the demand for memory semiconductors for data storage is increasing rapidly," and added, "Since these benefits are concentrated in Korean companies, the HANARO Fn K-Semiconductor ETF, which allows investment across Korea's AI semiconductor value chain, can be an excellent investment vehicle."

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