Mirae Asset US Index ETFs Surpass 30 Trillion Won in Combined Assets

Mirae Asset's two US index exchange-traded funds (ETFs) surpassed 30 trillion won in combined net assets as of the previous day. The TIGER US S&P500 and TIGER US Nasdaq100 ETFs recorded total net assets of 30.9908 trillion won, according to Mirae Asset on the 22nd. Steady buying by individual investors drove the growth, with this year's net purchases approaching 5.3373 trillion won across both products. Mirae Asset leads the US representative index market for systematic long-term investment, outpacing major competitors in the domestic ETF sector.

TIGER ETFs Command 50% Market Share in US Index Segment

The two TIGER ETFs account for 50% of total net assets among all US representative index-tracking ETFs listed on the domestic stock market. Mirae Asset's products hold the leading position in the market segment that serves as a cornerstone for dollar-cost averaging and long-term portfolio strategies.

Products Rank as Largest in Domestic and Asian Markets

The TIGER US S&P500 and TIGER US Nasdaq100 ETFs occupy the first and second positions by market capitalization among all ETFs launched by Mirae Asset. These products represent the largest scale among domestic-listed ETFs tracking the same indices and hold the highest net assets among similar ETFs listed across Asia.

Mirae Asset Executive Attributes Success to Long-Term Investment Appeal

Kim Sang-yul, head of Mirae Asset's Global ETF Management Division, stated that "TIGER US S&P500 and TIGER US Nasdaq100 started as Korea's first physical US representative index ETFs and have established themselves as representative products for long-term diversified investment." Kim explained that "the fact that these two products account for more than half of both net assets and individual net purchases in the domestic US representative index ETF market means that many investors are continuing their long-term confidence in the US market through TIGER ETFs."

Mirae Asset Holds 31.40% Share of Domestic ETF Market

Mirae Asset recorded net assets of 139.7 trillion won in the domestic ETF market as of the previous day, representing a 31.40% market share. The company maintains its position as the leading ETF provider in the Korean market.

FAQ

What milestone did Mirae Asset's US index ETFs achieve?

Mirae Asset's TIGER US S&P500 and TIGER US Nasdaq100 ETFs surpassed 30 trillion won in combined net assets as of the previous day, with total assets reaching 30.9908 trillion won according to the company's announcement on the 22nd.

How much have individual investors purchased in these ETFs this year?

Individual investors' net purchases in the two TIGER US index ETFs approached 5.3373 trillion won this year, demonstrating sustained buying activity in these products.