TIGER Philadelphia Semiconductor ETF Surpasses KRW 300 Billion in Net Assets

[Asia Economy Reporter Hwang Junho] Mirae Asset Global Investments' 'TIGER US Philadelphia Semiconductor Nasdaq ETF' surpassed 300 billion KRW in net assets on the 2nd.

Mirae Asset Global Investments reported that as of the closing price on the 28th, the total net assets of this ETF amounted to 315.8 billion KRW. It is the largest semiconductor-themed overseas stock ETF listed on the Korea Exchange.

This ETF tracks the PHLX Semiconductor Sector INDEX. This index consists of the top 30 companies by market capitalization engaged in semiconductor design, manufacturing, and sales, listed on the US Nasdaq, New York Stock Exchange, and others.

Kwon Oh-sung, Head of ETF Marketing at Mirae Asset Global Investments, said, "If you want to invest in the semiconductor theme, which has recently attracted attention due to supply shortages, you can invest through the TIGER ETF," adding, "Mirae Asset will continue to launch theme-based ETFs to provide investment tools for customers' asset management and retirement preparation."

Meanwhile, this ETF can be used as a pension product from a long-term investment perspective to enjoy tax benefits. When traded within a pension account, 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.

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