'SOL Global DRAM Semiconductor Plus' to Be Newly Listed on the 7th

Expectations Rise for Memory Sector with Micron's Strong Earnings
Attractiveness of Mid- to Long-Term DRAM Investment Highlighted

Shinhan Asset Management announced on October 2 that it will newly list the 'SOL Global DRAM Semiconductor Plus' Exchange Traded Fund (ETF), which invests in leading global memory semiconductor companies and core equipment manufacturers, on October 7.

This product targets investments in major memory and storage companies, semiconductor equipment manufacturers, and the world's three leading DRAM companies: Samsung Electronics, SK hynix, and Micron. Unlike ETFs listed overseas, it allows investors to participate in the global memory industry through major tax-advantaged accounts such as pension plans.

This investment strategy expands upon the previous 'SOL AI Semiconductor TOP2 Plus' to the global market. In addition to focusing on leading Korean semiconductor companies, the strategy now includes memory and storage companies from the United States and Japan, as well as global equipment manufacturers, thereby more broadly capturing the benefits of the expanding artificial intelligence (AI) infrastructure.

The portfolio consists of ten core global memory semiconductor companies. Approximately 90% of the fund is allocated to the so-called 'Memory 7': Samsung Electronics, SK hynix, Micron, SanDisk, Kioxia, Seagate, and Western Digital. Centered around the three leading DRAM companies, the ETF also includes key players in NAND flash and data storage devices, investing broadly across the memory and storage sectors needed for AI infrastructure, from HBM and general-purpose DRAM to SSDs and HDDs.

The remaining approximately 10% of the fund includes three global semiconductor equipment companies: Applied Materials, Lam Research, and KLA. The portfolio not only reflects improved earnings of memory manufacturers, but also incorporates the benefits from capacity expansion and increased capital expenditures driven by process miniaturization and advanced technologies.

The strong earnings report from Micron announced on October 1 (Korea Standard Time) also supports expectations for growth in the memory industry. Micron delivered quarterly results and forward-looking guidance that exceeded market expectations.

Kim Junghyun, Head of the ETF Business Group at Shinhan Asset Management, commented, "Micron's outstanding results show that the growth of the memory industry in the AI era is translating into actual corporate performance," and added, "Through the SOL Global DRAM Semiconductor Plus ETF, we have expanded the investment universe beyond Samsung Electronics and SK hynix to include overseas memory companies and global equipment manufacturers, capturing broader growth opportunities for the industry."

He further stated, "Given the structural growth in memory demand and improved earnings visibility, the case for mid- to long-term investment in global DRAM leaders remains solid," and continued, "We expect that using pension accounts, investors seeking to participate in the growth of the global memory industry and related facility investments will find this to be a useful option."

To coincide with the new listing, Shinhan Asset Management will release the 'SOL Semiconductor Investment Guidebook' on its official blog on October 2, and at 10 a.m. on the same day, will host a YouTube live webinar on the subject of 'Global Memory Semiconductor Industry Status and Investment Strategies.' It will be released through the YouTube channel.

This content was produced with the assistance of AI translation services.