Mirae Asset Publishes Guidebook for US Investment ETFs

Mirae Asset Global Investments announced on the 10th that it has published the 'U.S. Investment ETF Guidebook' for U.S. ETF investors.

According to the Korea Exchange, the number of domestic U.S. stock investment ETFs increased from 20 at the end of 2019 to 97 at the end of 2023. During the same period, the total net assets grew more than 30 times. Interest in U.S. investment ETFs is rising.

Mirae Asset Global Investments, which offers 15 U.S. stock investment ETFs?the largest scale in Korea?published the guidebook to provide essential information for investors. It covers reasons for investing in U.S. stocks, the current status of the U.S. ETF market, advantages and precautions of investing in U.S. ETFs listed domestically, among other topics. The guidebook can be downloaded for free from the TIGER ETF website.

The guidebook also features the lineup of TIGER ETFs for U.S. stock investment. Mirae Asset Global Investments opened the door to U.S. investment ETFs in Korea by launching the country’s first U.S. investment ETF, ‘TIGER U.S. Nasdaq 100 (133690),’ in 2010.

Currently, in addition to ‘TIGER U.S. Nasdaq 100,’ the ‘TIGER U.S. S&P 500 (360750),’ ‘TIGER U.S. Tech TOP10 INDXX (381170),’ and ‘TIGER U.S. Philadelphia Semiconductor Nasdaq (381180)’ are four representative domestic U.S. investment ETFs with net assets exceeding 1 trillion KRW. The total net assets of 15 TIGER ETFs for U.S. stock investment?including benchmark index types, sector/theme types, and monthly dividend types?account for about 60% of the total net assets of all domestic U.S. stock ETFs.

U.S. investment ETFs listed domestically can be conveniently traded in real time during Korean market hours. They can be traded in Korean won without currency exchange, saving on exchange fees. Unlike offshore-listed ETFs, they can be invested in through pension accounts, providing tax benefits. When traded through ISA (brokerage type), personal pension, or retirement pension (DC/IRP) accounts, taxation is deferred until withdrawal, and tax credits are also available.

Ham Min-jung, manager of the ETF Operations Division at Mirae Asset Global Investments, said, "Domestically listed U.S. investment ETFs are expanding their position as a long-term investment tool in the pension market," adding, "With the recent diversification of U.S. investment ETFs, we hope the guidebook will help investors find suitable products that match their investment preferences."

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