Mirae Asset TIGER Nasdaq 100 Net Assets '600 Billion Won'
Congratulations message for TIGER Nasdaq 100 ETF surpassing 600 billion KRW in net assets displayed at the NASDAQ MarketSite located in Times Square, New York, USA
View original image[Asia Economy Reporter Hwang Junho] The net assets of the TIGER Nasdaq 100 ETF, which invests primarily in IT, consumer goods, and healthcare sectors expected to benefit from the 4th Industrial Revolution on the US Nasdaq, have surpassed 600 billion KRW.
Mirae Asset Global Investments announced on the 25th that the net asset size of this ETF is the largest among overseas equity ETFs in the industry. This ETF also has the largest net asset size among ETFs tracking the Nasdaq 100 index listed in the Asia region. The TIGER Nasdaq 100 ETF operates with a full replication strategy to closely match the volatility of the underlying index. No separate currency hedging is conducted. The ETF's returns are approximately 37.78% for 1 year, 99.08% for 3 years, and 200.56% for 5 years.
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Mirae Asset's TIGER ETFs have established the largest lineup in the domestic market with 128 products. A total of 469 ETF products are listed in the domestic ETF market. Mirae Asset is also strengthening its ETF business globally, supplying over 400 ETFs across 10 countries including the US, Canada, Australia, and Hong Kong. As of the end of last year, assets under management exceed 65 trillion KRW. According to global ETF research firm ETFGI, Mirae Asset ranks 16th in net asset size among ETF managers worldwide.
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