TIGER 200 ETF Surpasses 300 Billion Won in Cumulative Net Purchases by Individual Investors Since Start of Year
Mirae Asset Global Investments announced on October 23 that the 'TIGER 200 ETF' has surpassed 300 billion won in cumulative net purchases by individual investors since the beginning of the year.
According to the Korea Exchange, as of October 22, the cumulative net purchases by individual investors in the TIGER 200 ETF since the start of the year reached 305.2 billion won. The TIGER 200 ETF tracks the KOSPI 200, Korea's leading index composed mainly of large-cap stocks, and is regarded as the key index that best reflects the overall performance of the domestic stock market. This year, the KOSPI 200 has continued its upward trend, recording a return of 70.7%.
With strong buying momentum from individual investors, the investment competitiveness of the TIGER 200 ETF has also been strengthened. As of October 22, the average daily trading value of the TIGER 200 ETF over the past month reached 146.2 billion won, indicating a significant increase in liquidity. The total expense ratio is as low as 0.05%, allowing investors to maximize returns over the long term.
Recently, foreign capital inflows have been concentrated in leading sectors such as semiconductors, shipbuilding, defense, and nuclear power, and the KOSPI 200 is expected to maintain its strength for the time being. From April 10, when the domestic stock market began to rebound, to October 22, foreign investors made net purchases of 16.2 trillion won in KOSPI 200 constituent stocks. During the same period, they recorded net sales of 100 billion won in KOSDAQ 150 constituent stocks. The trend toward a large-cap-centered market is becoming more pronounced.
Jung Hyun Jeong, Head of ETF Management at Mirae Asset Global Investments, stated, "With leading stocks concentrated in the KOSPI 200, the Korean stock market continues to see a revaluation of valuations alongside foreign capital inflows. Through the 'TIGER 200 ETF,' which features high trading volume and the lowest expense ratio, investors can effectively invest in Korea's leading companies."
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