FnGuide announced Wednesday that total net assets of exchange-traded funds (ETFs) based on its indices have exceeded 55 trillion won.
Notably, Mirae Asset Global Investments' 'TIGER Semiconductor TOP10,' a flagship semiconductor ETF tracking FnGuide indices, became the first thematic equity ETF to surpass 10 trillion won in net assets. The product has risen to third place in the entire ETF market by assets under management (AUM), playing a key role in driving FnGuide's ETF asset growth.
Recently, fund inflows have spread across multiple themes as strength in semiconductor and artificial intelligence (AI) sectors has been joined by rising interest in defense and shipbuilding themes, along with increased demand for dividend stocks. Growing semiconductor demand driven by expanded global AI infrastructure investment and geopolitical tensions from the prolonged Middle East conflict are seen as factors stimulating investor appetite for defense and shipbuilding sectors.
"Uncertainty is growing as rising international oil prices and dollar strength with won weakness continue," an FnGuide official said. "There is a clear trend of investors moving into domestic ETFs that can provide a hedge against won weakness due to high export exposure in sectors like semiconductors, defense, and shipbuilding, or that can protect asset value through dividends."