Mirae Asset Achieves Over 200 Billion Won in Individual Net Purchases for "TIGER US Space Tech"

Mirae Asset Global Investments announced on April 22 that net purchases by individual investors in the "TIGER US Space Tech" exchange-traded fund (ETF) have exceeded 200 billion won since its listing.

According to the Korea Exchange, as of April 21, the TIGER US Space Tech ETF recorded cumulative net purchases by individual investors totaling 224 billion won within just six trading days of its listing. During the same period, net asset value surged nearly eightfold, jumping from 30.8 billion won at the time of listing to 236.5 billion won. Notably, approximately 70% of the inflow of individual investor funds into space-themed ETFs listed in Korea has been concentrated in this product.

This strong investor interest has been attributed to the fund's differentiated strategy compared to existing space-related ETFs. The TIGER US Space Tech ETF intentionally excludes traditional aerospace and defense companies, instead focusing on 10 "pure space companies" led by the private sector, such as Rocket Lab, Intuitive Machines, AST SpaceMobile, and Redwire. In particular, it allocates 70% of its assets to the upstream segment that builds space infrastructure, such as launch vehicles and satellites, and further enhances investment purity by concentrating 70% of assets in the top four stocks as part of its "high-concentration portfolio."

Additionally, the ETF has a rule to quickly include SpaceX at up to a 25% allocation upon its listing, allowing it to swiftly reflect major events in its portfolio.

Namho Kim, Head of Global ETF Management at Mirae Asset Global Investments, said, "The private space industry is in its early stage, evolving from a simple theme to becoming a core infrastructure for national competitiveness. A strategy that focuses on proven leading companies is driving capital flows within the space ETF market."

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