This Year’s Return Nears 25%... Mirae Asset Secondary Battery ETF Surpasses 100 Billion KRW in Net Assets

Net Asset Increase of Over 80 Billion Won This Year

[Asia Economy Reporter Minwoo Lee] Mirae Asset Global Investments' secondary battery investment exchange-traded fund (ETF) has surpassed 100 billion KRW in net assets.

Mirae Asset Global Investments announced on the 9th that the net assets of the TIGER Secondary Battery Theme ETF have exceeded 100 billion KRW. With a return rate approaching 25% this year, net assets have increased by more than 80 billion KRW.

This product invests in secondary battery and related stocks that can directly benefit from the growth of the global electric vehicle market and energy storage systems (ESS). The underlying index, the 'WISE Secondary Battery Theme Index,' conducts artificial intelligence (AI) keyword analysis on stocks covered in securities firms' reports, selecting stocks with secondary battery as a top keyword as investable assets. Then, based on business reports, it verifies the composition of secondary battery-related sales and selects constituent stocks using a market capitalization-weighted method.

Kwon Oh-sung, Head of ETF Marketing at Mirae Asset Global Investments, said, "While there is no disagreement about the long-term growth potential of the secondary battery theme, investment opinions on detailed sectors and stocks vary,"

"Through the TIGER Secondary Battery Theme ETF, investors can effectively approach the major companies that make up the secondary battery ecosystem as a long-term investment theme."

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