Mirae Asset, TIGER Korea Value Up ETF Records 30 Billion KRW Net Buying on Listing Day

Lowest Fees, Largest Scale, Monthly Dividends
All-Time No.1 in Trading Volume on Listing Day for Domestic Equity ETFs

Mirae Asset Global Investments announced on the 5th that the ‘TIGER Korea Value-Up ETF’ achieved net purchases of 30 billion KRW by individual and institutional investors on its listing day.

According to the Korea Exchange, the net purchase amount for the 12 Value-Up ETFs listed on the 4th was recorded at 58 billion KRW. Of this, 30 billion KRW flowed into the TIGER Korea Value-Up ETF. Institutional investors, including public officials’ pensions, pension funds, insurance companies, banks, and investment trusts, recorded net purchases of 28 billion KRW, while individual investors recorded net purchases of 2 billion KRW.

On the listing day, the trading volume of the TIGER Korea Value-Up ETF totaled 80.1 billion KRW, the highest among all Value-Up ETFs during intraday trading. It accounted for 52% of the total trading volume. This is the largest scale for a domestic equity ETF on its listing day in history.

The TIGER Korea Value-Up ETF invests in 100 stocks included in the Korea Value-Up Index. The total expense ratio is 0.008%, which is currently the lowest among all ETFs listed domestically. Even when tracking the same index, the expense ratio affects returns more significantly over longer investment periods, so choosing a product with a low expense ratio is effective. It is also advantageous in terms of trading accessibility, as it was listed with the largest scale among domestic Value-Up ETFs at 204 billion KRW, ensuring smooth order supply.

The TIGER Korea Value-Up ETF is a monthly dividend ETF that pays dividends at the end of each month, allowing investors to secure a stable cash flow. In particular, the Korea Value-Up Index, which includes companies that have paid dividends for two consecutive years and excludes deficit companies, has a higher dividend yield compared to other major indices such as KOSPI, KOSDAQ, and KRX300. The TIGER Korea Value-Up ETF supports stable income investment based on companies actively returning value to shareholders.

Lee Jeong-hwan, Head of ETF Management Division 1 at Mirae Asset Global Investments, said, "Investors showed great interest in the TIGER Korea Value-Up ETF, which was listed with the lowest expense ratio ever to serve as a catalyst for resolving the Korea discount." He added, "With the announcement of the abolition of the financial investment tax on the 4th and ongoing value-up disclosures by companies, it is advantageous for investors expecting the resolution of the Korea discount to invest in the TIGER Korea Value-Up ETF."

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