New fund targets AI and semiconductor growth stocks on Kosdaq, poised to benefit from policy funding expansion and rising IPOs
Mirae Asset Global Investments has listed the TIGER Kosdaq Active ETF, a new fund focused on high-growth industries including AI and semiconductors. The product applies an active management strategy that concentrates on leading sectors and core growth stocks within the Kosdaq market while flexibly adjusting portfolio weightings in response to market shifts.
The company hosted a webinar Monday through the TIGER ETF official YouTube channel "Smart Tiger" to introduce the fund's investment strategy.
The TIGER Kosdaq Active ETF invests heavily in dominant Kosdaq sectors and key growth stocks while using an active management approach designed to reduce concentration risk in any single holding. Unlike conventional Kosdaq 150 passive ETFs, which build their portfolios around market capitalization, this fund adjusts stock weightings flexibly based on growth potential and industry trends. It spreads investments across 60 to 90 stocks, lowering dependence on any single name while maintaining a portfolio centered on core growth industries.
Foreign capital has been flowing into the Kosdaq in recent months. According to Korea Exchange, foreign investors' net purchases on the Kosdaq reached 2.8370 trillion won (approximately $1.89 billion) in May — the highest monthly total on record.
Mirae Asset Global Investments said it is particularly focused on semiconductor materials, components and equipment stocks within the Kosdaq. The firm said growing AI investment by global hyperscalers and rising capital expenditure among memory chipmakers are driving demand across the semiconductor value chain, including for HBM, advanced packaging and multilayer ceramic capacitors. Expansion of policy funding and an increase in large initial public offerings were also cited as key investment catalysts for the Kosdaq market.
th5@heraldcorp.com
