Mirae Asset Asset Management announced on the 20th via YouTube webinar that it will list the TIGER US Tech NYSE100 Active ETF on the 21st. The active ETF targets US information technology innovation companies with 73% IT sector exposure, higher than Nasdaq100 (61%) and S&P500 (37.6%). The product is designed to pre-emptively respond to major IPOs including SpaceX, OpenAI, and Anthropic through its active structure, which allows direct IPO participation or same-day purchases upon listing. Jun-hyuk Oh, head of the Equity Active ETF team, stated that the US hosts numerous innovation companies generating investment themes beyond investor imagination, and the active structure enables rapid response to unicorn IPOs.
Mirae Asset Lists TIGER US Tech NYSE100 Active ETF on the 21st
Mirae Asset Asset Management announced the new product launch on the 20th during a YouTube webinar. The TIGER US Tech NYSE100 Active ETF will be listed on the 21st. Jun-hyuk Oh, head of the Equity Active ETF team, introduced the product as an active ETF investing in US information technology innovation companies. The IT sector exposure stands at 73%, compared to 61% for Nasdaq100 and 37.6% for S&P500.
Active Structure Enables Direct IPO Participation
Oh stated that major unicorn IPOs are scheduled, including SpaceX, OpenAI, and Anthropic. The active ETF structure allows direct participation in IPOs or same-day purchases upon listing. Oh noted that the US has many innovation companies and investment themes continue to emerge beyond investor expectations. The active structure enables rapid response to these IPO events.
NYSE100 Benchmark with 3-15% Allocation Strategy
The product tracks the NYSE100 index as its benchmark. Allocation is based on fundamentals including earnings growth and industry competitiveness, with promising companies receiving 3-5% weight. Ahead of major events such as IPOs, allocation can increase to a maximum of 15% to pursue aggressive absolute returns.
TIGER Global AI Active ETF Records 281% Return Since October 2023 Launch
Mirae Asset Asset Management stated that its operational capabilities have translated into excess returns through previously launched active products investing in global AI companies including those in the US. The TIGER Global AI Active ETF, launched in October 2023, recorded approximately 281% return, outperforming both the S&P500 and Nasdaq indices over the same period. Oh noted that even within the tech sector, movements differ by subsector, with divergence between semiconductors and big tech companies, and significant stock price differences between IT hardware and software. He emphasized that active stock selection is more efficient than simple index investing for long-term performance.
FAQ
What did Mirae Asset announce on the 20th?
Mirae Asset Asset Management announced on the 20th via YouTube webinar that it will list the TIGER US Tech NYSE100 Active ETF on the 21st. The product has 73% IT sector exposure and is designed to respond to major IPOs including SpaceX, OpenAI, and Anthropic.
How does the TIGER US Tech NYSE100 Active ETF allocate investments?
The ETF tracks the NYSE100 index and allocates 3-5% to promising companies based on fundamentals such as earnings growth and industry competitiveness. Ahead of major events like IPOs, allocation can increase to a maximum of 15%.
