TIGER 200 ETF Surpasses 100 Billion KRW in Average Daily Trading Value This Month
Mirae Asset Global Investments announced on June 20 that the 'TIGER 200 ETF' has surpassed an average daily trading value of 100 billion KRW this month.
According to the Korea Exchange, as of June 19, the average daily trading value of the TIGER 200 ETF since June is 111.8 billion KRW. This represents an increase of about two times compared to the 2024 average daily trading value of 56.9 billion KRW. This surge is attributed to the government's active stock market stimulus policies aimed at revitalizing the market, which have attracted increased buying interest from not only individual investors but also foreign investors and institutions.
The TIGER 200 ETF tracks the KOSPI200, Korea's representative index. The KOSPI200 is a key index composed mainly of large-cap stocks and is regarded as the most accurate reflection of the overall performance of the Korean stock market. The TIGER 200 ETF not only enables effective investment in the domestic market trend but also offers high liquidity due to its substantial trading volume. Its total expense ratio is as low as 0.05% per year, the lowest level in Korea, making it advantageous for long-term investors.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- Ebola Outbreak With No Vaccine or Treatment Sparks Fears: "One American Infected"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Jung Hyun Jeong, Head of ETF Management at Mirae Asset Global Investments, stated, "The TIGER 200 ETF is an efficient investment vehicle thanks to its high liquidity and extremely low fees," adding, "It is drawing attention as the product most likely to benefit directly from various policies such as expanded shareholder returns, amendments to the Commercial Act, and efforts to join the MSCI Developed Markets Index."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.