Mirae Asset's 'TIGER Gukgochae 30-Year Strip Active' Surpasses 100 Billion KRW in Net Assets

Mirae Asset Global Investments announced on the 9th that the 'TIGER Gukgoche 30-Year Strip Active ETF' has surpassed 100 billion KRW in net assets.

According to the Korea Exchange, as of the closing price on the 8th, the net assets of the 'TIGER Gukgoche 30-Year Strip Active ETF' stand at 119.9 billion KRW. Since its listing in February, the ETF has recorded net purchases of 72.7 billion KRW by individuals, establishing itself as a leading domestic long-term bond ETF within just over four months since its launch.

The 'TIGER Gukgoche 30-Year Strip Active ETF' is the first domestic product to significantly extend duration (maturity) by separating principal and interest through strips.

It is the longest duration ultra-long-term investment product among domestic bond ETFs. While the duration of a general 30-year government bond is around 18 to 19 years, the duration of a 30-year strip bond is about 28 to 29 years, approximately 50% longer.

As long-term bond investment through strip bonds gained great popularity, Mirae Asset Global Investments recently expanded its strip bond ETF lineup. The newly launched 'TIGER US Treasury 30-Year Strip Active ETF (Synthetic H)' at the end of May has a duration of about 28 to 29 years, offering the benefits of long-term bond investment compared to the existing US Treasury 30-year ETF (18 to 19 years).

Kim Dae-ho, manager of the ETF Management Division at Mirae Asset Global Investments, said, "Investors' funds are flowing not only into domestic bonds but also US Treasury bonds amid the perception that interest rates have peaked." He added, "Investing in bonds with long duration can expect to benefit from increased volatility."

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