Mirae Asset TIGER Nasdaq 100 ETF Surpasses 100 Billion KRW in Net Assets

1-Year Return 40%... 5-Year Return Exceeds 140%

[Asia Economy Reporter Minwoo Lee] The amount invested in Mirae Asset Global Investments' exchange-traded fund (ETF), which focuses on beneficiaries of the 4th Industrial Revolution centered on IT, consumer goods, and healthcare in the U.S. market, has surpassed 100 billion KRW.

Mirae Asset Global Investments announced on the 5th that the net assets of the 'TIGER Nasdaq 100 ETF' have exceeded 100 billion KRW. This is nearly double compared to the beginning of last year.

The TIGER Nasdaq 100 ETF is based on the Nasdaq 100 index. This is a stock index composed of 100 representative stocks from sectors such as computer hardware and software, telecommunications, retail trade, and biotechnology listed on the U.S. Nasdaq stock exchange. It consists of companies representing global new growth industries, from advanced technology stocks like Microsoft (MS), Apple, and Amazon to venture companies, making it an index that focuses on the growth potential of the U.S.

The TIGER Nasdaq 100 ETF is managed through a full replication strategy to ensure that its volatility is similar to that of the underlying index, and it does not conduct separate currency hedging. As a result, as of the 5th, it has recorded returns of 40.24% over one year, 84.44% over three years, and 140.16% over five years.

Meanwhile, TIGER ETFs have built the industry's largest lineup with 123 products. It is evaluated that the diverse product lineup, ranging from various sector and theme ETFs to domestic and international index ETFs, has expanded investors' choices when constructing portfolios.

Kwon Oh-sung, Head of ETF Marketing at Mirae Asset Global Investments, said, "The TIGER Nasdaq 100 ETF is a product that allows easy investment in a representative U.S. index at a low cost," adding, "We will strive to provide asset allocation solutions to investors based on a diverse global ETF lineup, not only domestically but also internationally."

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