Mirae Asset ETF US Series Surpasses 2 Trillion Won in Net Assets

[Asia Economy Reporter Hwang Junho] Mirae Asset Global Investments' TIGER ETFs investing in the United States have surpassed 2 trillion KRW in net assets.

As of the closing price on the 11th, the total net assets of TIGER ETFs investing in the U.S. reached 2.0075 trillion KRW, an increase of 831.5 billion KRW compared to the end of last year. Among the 14 ETFs, net assets increased in 10, with 4 ETFs growing by more than 100 billion KRW each.

The largest U.S. investment ETF listed domestically is the TIGER U.S. Nasdaq 100 ETF. This year, its ETF net assets increased by 142.6 billion KRW, totaling 724.1 billion KRW. It is the largest among ETFs tracking representative indices. It is also the second largest among the company's overseas stock ETFs, following the TIGER China Electric Vehicle SOLACTIVE ETF.

The ETF that grew the most since the beginning of the year is the TIGER U.S. S&P 500 ETF, which increased by 220 billion KRW. Since its listing in August last year, its net assets exceeded 300 billion KRW within nine months, becoming the largest S&P 500 tracking ETF. The TIGER S&P Futures ETF also attracted 69.5 billion KRW, surpassing 200 billion KRW in net assets.

Newly launched thematic ETFs are also popular. The TIGER U.S. Philadelphia Semiconductor Nasdaq ETF and TIGER U.S. Tech TOP10 INDXX ETF, listed on the 9th of last month, have net assets of 188.8 billion KRW and 112.4 billion KRW respectively. With over 75% of investors being individual investors, 300 billion KRW flowed into these two ETFs within about a month after listing.

U.S. investment ETFs can be used as pension products from a long-term investment perspective to enjoy tax benefits. When traded within pension accounts, transaction taxes are exempted, and capital gains and dividends are taxed at a low rate as pension income tax at the time of pension receipt.

Kwon Oh-sung, Head of ETF Marketing Division at Mirae Asset Global Investments, said, "Mirae Asset TIGER ETFs have established themselves as representative products investing in the U.S.," adding, "Mirae Asset will continue to discover and supply products that invest in various countries, sectors, and themes worldwide."

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