Mirae Asset 'TIGER 2nd Battery Materials Fn ETF' Newly Listed

Mirae Asset Global Investments announced on the 13th that it will newly list the ‘TIGER Secondary Battery Materials Fn ETF’ on the Korea Exchange.

The ‘TIGER Secondary Battery Materials Fn ETF’ focuses on investing in ‘materials’ companies, which are the core of the secondary battery theme, especially ‘cathode materials’ and ‘vertical integration’ companies that show high growth potential.

The four key materials of secondary batteries are cathode materials, anode materials, electrolytes, and separators. Among these, cathode materials, which determine the capacity and output of electric vehicle batteries, are considered the most important material. As of the 12th, the proportion of cathode material-related companies in the ‘TIGER Secondary Battery Materials Fn ETF’ is about 87%, the highest among domestically listed secondary battery ETFs.

The ‘TIGER Secondary Battery Materials Fn ETF’ also invests heavily in domestic vertically integrated secondary battery companies.

Vertical integration refers to companies establishing a vertical production system through affiliates, enabling stable procurement of raw materials and cost reduction, thereby gaining higher competitiveness.

In the secondary battery materials industry, vertical integration is progressing from mineral procurement to precursor manufacturing, cathode material manufacturing, and spent battery recycling.

The ‘TIGER Secondary Battery Materials Fn ETF’ tracks the ‘FnGuide Secondary Battery Materials Index,’ which places more emphasis on cathode materials and vertical integration compared to existing secondary battery materials-related indices.

As of the 12th, the proportion of core companies related to cathode materials and vertical integration (EcoPro, EcoPro BM, POSCO Holdings, POSCO Future M, LG Chem) in this ETF reaches 75%, the highest among domestic secondary battery ETFs.

Mirae Asset Global Investments is holding a listing event for customers trading this ETF to commemorate the launch of the ‘TIGER Secondary Battery Materials Fn ETF.’

Customers who meet the daily trading and net purchase conditions of the target ETF at Korea Investment & Securities, Ebest Investment & Securities, and Kiwoom Securities will be entered into a draw to receive cultural gift certificates. Detailed event information can be found on each securities firm's website.

Jung Eui-hyun, head of the ETF Management Team at Mirae Asset Global Investments, said, “Thanks to the popularity of the secondary battery theme, there has been significant interest in the TIGER Secondary Battery Materials Fn ETF even before its listing, and it was listed with the largest scale in the history of secondary battery ETFs at 108 billion KRW as of the listing date. This ETF, which focuses on secondary battery materials, can be considered the ultimate secondary battery materials ETF with the highest proportion of cathode materials and vertical integration stocks among secondary battery ETFs.”

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