Mirae Asset’s ‘TIGER Korea Tech Active’ ETF Surpasses 100 Billion Won in Net Assets
307.3% One-Year Return
Ranks Third Among Domestically Listed Equity Active ETFs
Mirae Asset Global Investments announced on April 23 that the net asset value of the 'TIGER Korea Tech Active' exchange-traded fund (ETF) has surpassed 100 billion won.
According to the Korea Exchange, the ETF's net asset value stood at 123.5 billion won as of the previous day. Over the past three months, net purchases by individual investors totaled 70.8 billion won, indicating that inflows from individual investors have contributed to the increase in net assets.
The ETF recorded a return of 63.9% over the past three months, 114.6% over six months, and 307.3% over one year. Based on its one-year return, it ranked third among all domestically listed equity active ETFs, demonstrating strong performance not only in the short term but also in the medium to long term.
An official from Mirae Asset Global Investments stated, "This trend is analyzed as a result of changes in the management strategy." TIGER Korea Tech Active shifted from a traditional diversified portfolio to a more concentrated portfolio focused on core domestic technology growth stocks. The number of holdings was adjusted to approximately 25 to 30, and a bottom-up approach based on sectoral relative attractiveness and corporate fundamentals was strengthened. In addition, an active management strategy was applied to flexibly adjust the portfolio in response to changes in market conditions.
TIGER Korea Tech Active invests in major domestic growth industries such as semiconductors, secondary batteries, bio, artificial intelligence (AI) software, and physical AI. The ETF takes a comprehensive approach to investing in specific industry groups, considering factors such as growth potential, the environment of upstream industries, and the possibility of mid- to long-term market expansion (TAM).
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Yongdeok Koo, Head of Equity Investment at Mirae Asset Global Investments, commented, "The investment environment for domestic technology stocks is changing, with a focus on AI and semiconductors. This ETF will continue to respond to market changes through its concentrated portfolio and flexible management strategy."
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