In-depth Review: New Semiconductor ETFs and Market Trends in Korea and Abroad
Mirae Asset Management has launched Korea's first covered call ETF utilizing individual stock options, the 'TIGER Semiconductor TOP10 Covered Call Active ETF.' This fund invests in ten leading Korean semiconductor stocks, including Samsung Electronics and SK Hynix, and employs a covered call strategy to mitigate losses from market volatility while generating monthly cash flows. Notably, option premium income is tax-exempt, offering investors the advantage of reduced tax burdens on dividends. The fund also features active management, adjusting the proportion of options sold in response to market conditions, and has already attracted strong demand with a year-to-date return of 72% and over KRW 1.7 trillion in net purchases.
Meanwhile, Nvidia's dominance in artificial intelligence semiconductors is evident in its nearly 20% weighting within the SMH ETF, the world's largest semiconductor sector ETF. SMH has delivered an impressive 273% return over the past five years, fueled by the AI infrastructure boom and the semiconductor supercycle, but its heavy reliance on Nvidia and the inherent volatility of the sector pose notable investment risks.
In the US, 'Roundhill Memory ETF (DRAM)', the world’s first dedicated memory semiconductor ETF, made headlines by attracting approximately KRW 1.4 trillion in just two weeks after listing. DRAM is an actively managed ETF focused on companies producing high bandwidth memory and DRAM, with SK Hynix and Samsung Electronics among its major holdings. Such developments reflect the global expansion and diversification of semiconductor ETFs, highlighting the sector’s robust growth.
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Mirae Asset Lists Korea's First Semiconductor Covered Call ETF Utilizing Individual Stock Options - White Paper[White Paper=Reporter Go Soo-ah] Mirae Asset Global Investments is introducing a new exchange-traded fund (ETF) that aims to invest in the growth of the semiconductor industry while pursuing monthly cash flow. Mirae Asset Global Investments announced in a webinar on the 20th that they will newly list the 'TIGER Semiconductor Top 10 Covered Call Active ETF' on the 21st. This ETF focuses on investing in leading domestic semiconductor companies while combining a covered call strategy to simultaneously pursue growth and income. Jeong Hyun, head of ETF operations at Mirae Asset, stated that the focus is on investing in 10 Korean semiconductor companies, with covered calls being the options for the owned stocks.
"Samsung Electronics and SK Hynix Are Expected to Rise, But Volatility Is Worrisome"... A 'Semiconductor Covered Call' ETF Launched - EdailyAn exchange-traded fund (ETF) that combines a covered call strategy while focusing on major domestic semiconductor companies like Samsung Electronics and SK Hynix is being launched. This strategy aims to defend against losses through covered calls during recent volatile market conditions, while also reflecting the growth of large semiconductor stocks. It's the first time in Korea to utilize individual stock options...
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[Decoding Overseas Ants ETF] ② SMH: Embracing the Entire Semiconductor Value Chain - NewsPim[Seoul=NewsPim] Reporter Hwang Suk-Hye = NVIDIA (NVDA), recognized as the leading 'one-top' AI semiconductor, is a perennial favorite among overseas investors. According to Korea Securities Depository statistics, NVIDIA has been one of the top foreign stocks held by domestic investors for several years. Recently, NVIDIA has once again...
“Added Monthly Dividends to Samsung Electronics and SK Hynix”...TIGER Semiconductor TOP10 Covered Call Active Listed - Seoul EconomyOn the 20th, Mirae Asset Global Investments announced the listing of the 'TIGER Semiconductor TOP10 Covered Call Active ETF,' which combines a monthly dividend structure with domestic semiconductor investments. The TIGER Semiconductor TOP10 Covered Call Active focuses on concentrated investments in leading domestic semiconductor companies, combining a covered call strategy for growth and income.
Samsung Electronics & Hynix included with monthly dividends... Mirae Asset lists 'Semiconductor TOP10 Covered Call Active ETF' - E-Today(Mirae Asset Global Investments) Mirae Asset Global Investments has launched the 'TIGER Semiconductor TOP10 Covered Call Active ETF', which combines investments in semiconductor growth stocks with a monthly dividend structure.
Added Options Strategy to Semiconductors… Mirae Asset Global Investments Plans New 'Monthly Cash Flow ETF' - Metro NewsMirae Asset Global Investments has launched an ETF combining the growth of the semiconductor industry with monthly cash flow, expanding its investment strategy. This product integrates an income strategy into the semiconductor sector, which is seeing heightened expectations for structural growth due to the spread of AI. On the 20th, during a webinar, Mirae Asset Global Investments' Head of ETF Operations, Jung Hyeon-jeong, stated
Monthly Dividends Added to ‘Samsung Electronics, SK Hynix’... Mirae Asset Lists New ‘Semiconductor TOP10 Covered Call Active’ ETF - Herald EconomyMirae Asset Management concentrates on major domestic semiconductor companies like Samsung Electronics and SK Hynix, combining a covered call strategy to pursue both growth and income with the ‘TIGER Semiconductor TOP10 Covered Call Active’ ETF.
The First Individual Stock Covered Call in Korea… Mirae Asset Launches 'Semiconductor Covered Call' ETFMirae Asset Global Investments is launching Korea's first covered call exchange-traded fund (ETF) by utilizing individual stock options. On the 20th, Jeong Hui-hyun, head of Mirae Asset Global Investments' ETF Management Division, announced in a YouTube webinar that the 'TIGER Semiconductor TOP10 Covered Call Active ETF' will be listed the following day (21st). This product focuses on investing in leading domestic semiconductor companies while combining a covered call strategy to simultaneously pursue the growth of technology stocks and monthly dividends through option premiums. It is the first time among domestic covered call ETFs to utilize individual stock options like those of Samsung Electronics and SK Hynix. Mirae Asset intends to sell individual options
Half of the Weight by Samsung and SK Hynix… U.S. Memory ETF Attracts Over 1 Trillion Won in 2 Weeks - Yonhap InfomaxThe rush for Korean semiconductors is gaining momentum in the U.S. stock market. The world's first pure memory semiconductor ETF, which is about half composed of Samsung Electronics and SK Hynix, has attracted more than 1 trillion won in funds within two weeks of its listing. According to the financial investment industry and others on the 20th, the cumulative net inflow of the 'Roundhill Memory ETF (DRAM)' listed on the U.S. stock market on the 2nd (local time) was approximately 970 million dollars (1.4237 trillion won) as of the 17th. Excluding weekends and the U.S. Easter holiday closing day (April 3), nearly 1 billion dollars poured in during the 10 trading days after the listing. There is also anticipation for the rise in stock prices of the included items.