'TIGER Travel Leisure ETF' Surpasses 100 Billion KRW in Net Assets

[Asia Economy Reporter Hwang Junho] Mirae Asset Global Investments' 'TIGER Travel Leisure ETF (Exchange-Traded Fund)' surpassed 100 billion KRW in net asset value on the 21st.

The net asset value of the TIGER Travel Leisure ETF was 100.7 billion KRW as of the closing price on the 15th, more than eight times the 12 billion KRW at the end of last year. Individual net purchases alone amounted to 34 billion KRW.

The ETF tracks the WISE Travel Leisure Index published by WISEfn. The index includes 16 stocks from travel, leisure, and casino sectors such as Hanjin Kal, Hana Tour, Paradise, and Hotel Shilla. These stocks are expected to recover due to recent COVID-19 vaccination progress. As of the closing price on the 15th, the product's 1-month, 3-month, and year-to-date returns are 12.07%, 14.54%, and 31.48%, respectively. These outperform the KOSPI's returns of 3.34%, 6.99%, and 13.40% over the same periods.

Kwon Oh-sung, Head of ETF Marketing at Mirae Asset Global Investments, said, "With vaccination progressing in Korea, recovery in the travel industry is expected," adding, "Mirae Asset will continue to provide investors with various investment options, including thematic ETFs."

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