At a glance
- KS, tracking the Solactive-KEDI Global MLCC and Semiconductor Substrate Index, according to ETF Express.
- To qualify, a company must be a constituent of the Solactive GBS Global Markets All Cap USD Index and generally have a total market capitalisation of at least $2 billion.
- Constituents are weighted by free-float market capitalisation and capped at 20 per cent each.
Mirae Asset Global Investments listed the TIGER Global MLCC and Substrate ETF on the Korea Exchange on 20 October 2026, ticker 0255E0.KS, tracking the Solactive-KEDI Global MLCC and Semiconductor Substrate Index, according to ETF Express.
The index draws on companies in Japan, Korea and Taiwan. To qualify, a company must be a constituent of the Solactive GBS Global Markets All Cap USD Index and generally have a total market capitalisation of at least $2 billion. Eligible companies are then screened on business activity in semiconductor package substrates and multilayer ceramic capacitors, with all qualifying securities selected and the methodology maintaining at least ten components.
Constituents are weighted by free-float market capitalisation and capped at 20 per cent each. The index rebalances quarterly, with additional monthly reviews for qualifying recent IPOs.
Ui-hyeon Jeong, Mirae's head of ETF management, said the global leaders in MLCCs and substrates are concentrated in Japan, Taiwan and Korea. In comments distributed by Solactive, Jeong said that as big tech companies keep investing in AI data centres, "infrastructure bottlenecks are shifting beyond computing and memory semiconductors to substrates, networks, and power components." Timo Pfeiffer, Solactive's chief markets officer, said the firm was "delighted to support Mirae Asset Global Investments with an index solution tailored to this specific market segment."
Reported by the Launches desk from ETF Express. Published . Corrections