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Samsung Asset Management Limited to Launch the First Ever Global Semiconductor ETF in Asia

Source: Tony

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Samsung Asset Management (Hong Kong) Limited ("SAMHK") announced that it will launch Samsung Bloomberg Global Semiconductor ETF (HKD counter: 3132.HK), the first ever Global Semiconductor ETF in Asia on November 9, 2021 on the Stock Exchange of Hong Kong. 

Tracking the Bloomberg Global Semiconductor Top 20 Index, the ETF sets the listing price at US$2 (approximately HK$15.6) with an initial investment of approximately US$200 (approximately HK$1,560) for a board lot size of 100 fund units.

Semiconductor suppliers are actively increasing the production level to satisfy the expectation of semiconductor supply shortage, arousing investors' interest of relevant shares.

On listing day, Samsung Bloomberg Global Semiconductor ETF will directly capture leading semiconductor companies listed in 7 markets, including South Korea, Taiwan, Japan, US, France, Holland and Germany, with the highest total revenue derived from semiconductor business, covering both upstream and downstream of the entire industrial chain, such as Nvidia, TSMC, ASML, Samsung Electronics, Intel, etc. 

As at 15 October, 2021, it comprised 20 constituents with total market capitalization of approximately US$3,425.8 billion. The ETF will be trading at Hong Kong time zone, which facilitates Asian investors to invest in leading companies in the global semiconductor market with a relatively low threshold, while diversifying investment risks. 

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