SOL Semiconductor Upstream ETF Surges 27.89% in Week Ended July 16, Leads South Korea Fund Rankings

According to fund evaluator KG Zeroin, Shinhan Asset Management's SOL Semiconductor Upstream ETF (전공정 ETF) surged 27.89% in the week ended July 16, ranking first among domestic equity funds with net assets of 10 billion won or more and a one-month-plus track record. Year-to-date, the ETF recorded gains of 132.79%. The top five weekly performers were all semiconductor value-chain ETFs: NH Amundi's HANARO Semiconductor Core Process ETF gained 26.96%, followed by Shinhan's SOL AI Semiconductor Materials-Parts-Equipment ETF at 24.94%, Samsung Asset Management's KODEX AI Semiconductor Core Equipment ETF at 24.40%, and Shinhan's SOL Semiconductor Downstream ETF at 23.42%. Market analysts attributed the surge to expanded capital expenditure expectations and government support policies for the semiconductor industry, with broad buying interest in equipment and materials companies.
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