NH-Amundi Asset Management's 'HANARO Fn K-Semiconductor ETF' Surpasses 2 Trillion Won in Net Assets

The 'HANARO Fn K-Semiconductor' Exchange-Traded Fund (ETF) by NH-Amundi Asset Management has surpassed 2 trillion won in total net assets, solidifying its position as a leading product in the domestic semiconductor investment market. This achievement comes as the fund fully benefits from the 'supercycle' driven by the expansion of artificial intelligence (AI) infrastructure, doubling its size in just three months.

On April 27, NH-Amundi Asset Management announced that the HANARO Fn K-Semiconductor ETF, which invests in core stocks of the Korean semiconductor industry, has exceeded 2 trillion won in total net assets.

According to the Korea Exchange, as of April 21, the net assets of the HANARO Fn K-Semiconductor ETF totaled 2.0446 trillion won. It took only three months since the fund's net assets surpassed 1 trillion won at the end of January this year. Despite market turbulence caused by external volatility such as the Middle East conflict, the ETF has continued to attract steady investor inflows, resulting in rapid asset growth.

The outstanding performance can be attributed to a differentiated stock selection strategy. This ETF invests in 20 Korean semiconductor-related stocks. Notably, it holds significant positions not only in Samsung Electronics and SK hynix—the two giants of the industry—but also in Samsung Electro-Mechanics. In particular, Samsung Electro-Mechanics is highly anticipated due to its supply of high-value products such as multilayer ceramic capacitors (MLCCs) and high-density package substrates (FC-BGA) for AI data centers, both essential in the AI era. Since the beginning of the year, the sharp rise in Samsung Electro-Mechanics’ share price has lifted its weight within the ETF to a level comparable to Samsung Electronics and SK hynix, significantly boosting the ETF’s returns.

As of April 23, the year-to-date return of the HANARO Fn K-Semiconductor ETF stands at 109.06%, the highest among domestic equity-type semiconductor ETFs excluding leveraged products. The six-month and one-year returns are also the highest, at 145.78% and 365.36%, respectively.

Kim Seungcheol, Head of ETF Investments at NH-Amundi Asset Management, stated, "The current semiconductor market is undergoing a major paradigm shift that goes beyond a simple industry recovery, driven by the construction of AI infrastructure. As global AI investments continue, we expect related value chains to keep growing, and we will continue to manage the fund to ensure investors can fully benefit from the growth of the semiconductor industry."

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