Mirae Asset Global Investments, US Investment TIGER ETF Total Net Assets Surpass 3 Trillion Won

[Asia Economy Reporter Minji Lee] Mirae Asset Global Investments announced on the 17th that the total net assets of ‘TIGER ETFs’ investing in the United States have surpassed 3 trillion KRW.

According to the Korea Exchange, as of the closing price on the 13th, the total net assets of 14 TIGER ETFs investing in the U.S. amounted to 3.1913 trillion KRW, an increase of 2.0152 trillion KRW compared to the end of last year.

The ETF with the largest increase in net assets this year is the ‘TIGER US Tech TOP10 INDXX ETF,’ which was listed in April. In just over four months, its net assets increased by 499.5 billion KRW. This ETF invests in the top 10 U.S. technology companies by market capitalization on the Nasdaq and tracks the ‘INDXX US Tech TOP 10 Index.’

The ETF with the second-largest increase in net assets is the ‘TIGER US Philadelphia Semiconductor Nasdaq ETF,’ which attracted 471.8 billion KRW. This ETF invests in leading global semiconductor companies listed in the U.S. market and tracks the ‘PHLX Semiconductor Sector Index.’

The largest TIGER ETF investing in the U.S. by scale is the ‘TIGER US Nasdaq 100 ETF.’ Its net assets increased by 406.4 billion KRW this year, approaching 1 trillion KRW in total. This ETF invests in 100 representative Nasdaq companies leading new growth industries in the U.S. and tracks the domestically listed ‘NASDAQ 100’ index. The ‘TIGER US S&P 500 ETF’ also showed a notable increase in net assets, rising by 350.6 billion KRW this year, making it the largest ETF tracking the related index.

TIGER ETFs investing in the U.S. can be used as pension products from a long-term investment perspective, providing tax benefits. ETFs are exempt from transaction taxes, and when traded within pension accounts, capital gains and dividends are taxed at a lower pension income tax rate upon pension receipt. Kwon Oh-sung, Executive Director of the ETF Marketing Division at Mirae Asset Global Investments, said, “Mirae Asset TIGER ETFs have established themselves as representative products investing in the U.S., not only in benchmark indices but also in thematic ETFs,” adding, “Mirae Asset will continue to discover and supply long-term growth themes that allow investors to invest comfortably.”

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