Mirae Asset, TIGER US S&P500 ETF Tops Individual Cumulative Net Purchases

Mirae Asset Global Investments announced on the 25th that the ‘TIGER US S&P500 ETF’ ranked first in cumulative net purchases by individuals over the past year among all ETFs listed domestically.

According to the Korea Exchange, as of the closing price on the 24th, the cumulative net purchase amount by individuals for the ‘TIGER US S&P500 ETF’ over the past year was 1.0737 trillion KRW. This is the largest scale among 873 ETFs listed domestically. During the same period, it maintained abundant liquidity with an average daily trading volume of 25.8 billion KRW. It is a leading US investment ETF in Korea with net assets reaching 4.2284 trillion KRW.

The TIGER US S&P500 ETF tracks the S&P500 index, one of the three major US representative indices along with the Nasdaq 100 index and the Dow Jones 30 index. The S&P500 index consists of the top 500 companies by market capitalization listed in the US, reflecting the overall economic situation of the United States.

TIGER ETFs are the most chosen US stock investment ETFs by domestic investors. The total cumulative net purchases by individuals over the past year for the ‘TIGER US S&P500 ETF’ and the ‘TIGER US Nasdaq 100 ETF’ reached 1.494 trillion KRW. This accounts for more than 50% of the total cumulative net purchases by individuals for all 14 ETFs investing in the S&P500 index (9 types) and Nasdaq 100 index (5 types) listed domestically, which amounts to 2.936 trillion KRW. In other words, more than half of individual investor funds in US representative index ETFs are invested in the TIGER US S&P500 ETF and TIGER US Nasdaq 100 ETF.

Kim Nam-ho, Head of the FICC ETF Management Division at Mirae Asset Global Investments, said, "As can be seen from individual net purchases, average daily trading volume, and net asset size, the TIGER US S&P500 ETF and TIGER US Nasdaq 100 ETF have shown good performance over a long period and continue to have active trading." He added, "TIGER ETFs proactively provide the best solutions for US investments," and "We will continue to strive to maintain competitiveness not only in the domestic market but also in the global ETF market."

Mirae Asset Global Investments is holding an event for customers of US investment TIGER ETFs to celebrate the ‘TIGER US S&P500 ETF’ ranking first in cumulative net purchases by individuals. Customers who hold the ETF and certify their August dividends will be entered into a draw to receive gifticons. Detailed event information can be found on the TIGER ETF website.

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