Mirae Asset's 'TIGER Korea Value Up ETF' Surpasses 300 Billion KRW in Net Assets

Mirae Asset Global Investments announced on the 21st that the net assets of the ‘TIGER Korea Value-Up ETF’ have surpassed 300 billion KRW.

According to the Korea Exchange, as of the closing price on the 20th, the net assets of the ‘TIGER Korea Value-Up ETF’ stand at 309.9 billion KRW. It is the largest among the 12 value-up ETFs listed domestically.

Since its new listing on the 4th, a total of 75 billion KRW has flowed into the ‘TIGER Korea Value-Up ETF’. Individual investors recorded net purchases of 8.8 billion KRW, while institutional investors such as pension funds, insurance companies, banks, and investment trusts recorded net purchases of 66.2 billion KRW. The average daily trading volume is about 46.3 billion KRW, making it the most actively traded among all value-up ETFs.

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.

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. Unlike other major indices such as KOSPI and KOSDAQ, the underlying index of the ETF, the ‘KRX Korea Value-Up Index,’ ranks high-dividend stocks at the top by considering shareholder returns, enabling expectations of high dividend yields. Based on companies that actively engage in shareholder returns, the ‘TIGER Korea Value-Up ETF’ plans to support stable income investing.

Shin Seung-woo, manager of the ETF Management Division 1 at Mirae Asset Global Investments, said, "Through the special revision in December, more companies actively participating in the value-up policy will be included," adding, "For investors expecting the long-term resolution of the Korea discount, investing in the TIGER Korea Value-Up ETF, which has lower costs than the KOSPI 200 ETF and directly invests in value-up stocks, is advantageous."

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