Mirae Asset Lists Korea Semiconductor Top 10 ETF on Tokyo Stock Exchange
The new Global X-branded fund gives Japanese investors direct yen-denominated exposure to South Korea's leading chipmakers.
Mirae Asset has expanded its presence in the Japanese market with the listing of the Global X Korea Semiconductor Top 10 ETF on the Tokyo Stock Exchange. The fund, which began trading on September 7, 2026, allows Japanese investors to gain targeted exposure to the South Korean semiconductor industry.
Listed under the ticker 633A, the ETF tracks the FnGuide Semiconductor TOP10 Index (JPY converted). According to Global X Japan, the fund carries a management fee of approximately 0.4775% including tax. This cost incorporates the fee of an underlying fund, which is approximately 0.45%, reflecting a structure where the Japanese listing leverages an existing investment vehicle to provide market access.
Market Context
Mirae Asset Global Investments, which operates the TIGER ETF brand in South Korea, utilizes the Global X brand to penetrate the Japanese financial landscape. By listing specialized thematic ETFs on the Tokyo Stock Exchange, the firm enables local traders to access foreign thematic growth—specifically in the high-demand semiconductor sector—without the operational hurdles of trading directly on the Korean exchange.
Why It Matters
This listing significantly lowers the barrier to entry for both retail and institutional investors in Japan seeking exposure to the South Korean semiconductor ecosystem. The region is dominated by global giants such as Samsung and SK Hynix, whose performance is critical to the global AI and memory chip supply chains. By offering the fund in Japanese Yen (JPY), Mirae Asset removes the need for investors to manually handle Korean Won (KRW) currency conversions or establish brokerage accounts in South Korea.
Strategic Implications
Market observers will now watch for adoption rates among Japanese institutional portfolios as they hedge or increase exposure to East Asian tech hardware. The fund's long-term growth will depend on the continued volatility and expansion of the global semiconductor cycle and the relative strength of the yen against the won. As AI demand continues to drive the need for high-bandwidth memory and advanced logic chips, providing a streamlined, local-currency vehicle for these assets positions Mirae Asset to capture a growing segment of the Japanese appetite for specialized tech exposure.