Korea launches its own version of popular US fund Roundhill Memory ETF DRAM
AI-summarised brief · reviewed before publication
South Korea’s Shinhan Asset Management has launched the Shinhan SOL Global DRAM Semiconductor Plus ETF, a domestically listed fund that mirrors the U.S. Roundhill Memory ETF (DRAM). The new product bundles global memory chipmakers—including Samsung Electronics, SK Hynix, Micron Technology, Kioxia and Western Digital—with semiconductor equipment firms such as ASML, Lam Research and Applied Materials. It trades in won on the Korea Exchange and is eligible for pension accounts, catering to strong retail demand for memory‑focused ETFs amid an AI‑driven surge in DRAM demand. The launch follows heightened interest in AI infrastructure, a tightening of rules on leveraged ETFs, and a shift toward retail and foreign investors as long‑term institutional participation wanes in Korea’s equity market.
💡 Why It Matters
- · It gives Korean investors direct, won‑denominated exposure to the global memory boom without navigating foreign exchanges, potentially deepening domestic participation in AI‑related semiconductor growth.
