Mirae Asset Global Investments, TIGER KRX Climate Change Solution ETF New Listing Event

[Asia Economy Reporter Minji Lee] Mirae Asset Global Investments announced on the 29th that it will hold an event for customers trading the newly listed ‘TIGER KRX Climate Change Solution ETF’.

The TIGER KRX Climate Change Solution ETF focuses on investing in innovative companies holding Low Carbon 7, industries competing with China, the world's largest carbon emitter, and companies expected to see profit growth in the future. The ETF's total expense ratio is 0.09% per annum.

The ETF tracks the ‘KRX Climate Change Solution’ index calculated by the Korea Exchange. Unlike existing indices focused on Low Carbon (corporate carbon emission reduction), this index focuses on solutions for Low Carbon (reduction technologies, products, etc.).

The Korea Exchange uses the KRX BMI constituent stocks as the base universe and MSCI’s Climate Metrics, which holds the top global market share in ESG and climate change indices, to select companies excelling in climate change crisis response and top companies with low-carbon patented technologies, composing the index with about 40 stocks.

The trading event will be held from October 29 to November 26 at KB Securities and Eugene Investment & Securities. Customers holding brokerage accounts at each securities firm who trade a combined total of 300 million KRW or more in the TIGER KRX Climate Change Solution ETF during the event period will be eligible. The top 5 customers will receive a 50,000 KRW cultural gift certificate. Detailed information can be found on each securities firm's website.

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