Mirae Asset Global Investments announced a significant milestone as its flagship **Tiger Semiconductor Top10 ETF** successfully surpassed 10 trillion won (approximately $6.62 billion) in net assets. This achievement underscores the escalating investor confidence and robust demand for semiconductor stocks, particularly driven by the accelerating global investment in artificial intelligence (AI) infrastructure.
As of Monday’s closing, the **Tiger Semiconductor Top10 ETF** recorded 10.04 trillion won in net assets, establishing it as the first thematic exchange-traded fund listed in Korea to reach this impressive threshold. This makes it the nation’s largest thematic ETF and now ranks as the third-largest overall ETF within the domestic market, reflecting its prominent position in Korea’s investment landscape.
Complementing this success, the leveraged counterpart, the **Tiger Semiconductor TOP10 Leverage ETF**, also demonstrated strong performance, reaching 1.3 trillion won in net assets. This makes it the leading fund among all thematic leveraged ETFs, further highlighting the sector’s appeal to diverse investor strategies.
Mirae Asset attributes these gains to the resilient conditions of the global semiconductor market. Despite ongoing external challenges, including geopolitical tensions in the Middle East and concerns over turbo quant strategies, earnings estimates for key chipmakers have consistently seen upward revisions. This reinforces robust confidence in the semiconductor sector’s continued earnings momentum. Notably, consensus operating profit forecasts for this year for industry giants Samsung Electronics and SK hynix have been revised upwards to 227 trillion won and 175 trillion won, respectively.
The **Tiger Semiconductor Top10 ETF** offers investors targeted exposure to 10 leading companies within Korea’s dynamic semiconductor sector. Its portfolio strategically allocates over half its holdings to industry leaders SK hynix and Samsung Electronics. Other significant components include Hanmi Semiconductor, Leeno Industrial, and Wonik IPS, providing comprehensive exposure across the broader Korean chip value chain and its diverse segments.
The ETF has delivered exceptional performance year-to-date, gaining an impressive 54 percent and significantly outperforming the Kospi’s 24 percent advance. This rally has been fueled by substantial net retail inflows totaling 1.8 trillion won. The leveraged fund has achieved even more remarkable returns, climbing 101 percent and attracting 732.2 billion won in net retail purchases.
“The global boom in AI agents has ignited explosive growth in inference demand, firmly positioning memory semiconductors as indispensable core strategic assets in the evolving AI era,” stated the head of Mirae Asset’s ETF management division. He emphasized that the **Tiger Semiconductor Top10 ETF** has now solidified its reputation as a premier investment solution for capitalizing on opportunities within this critical sector.
jwc
