Mirae Asset Global Investments is delisting the "TIGER Metal Futures (H) Exchange-Traded Fund (ETF)".
The Korea Exchange announced on the 2nd that Mirae Asset Global Investments requested the delisting of a small ETF due to a decrease in the trust's principal amount, and this ETF will be delisted on Aug. 4.
As of the 1st, the trust's principal amount of this ETF is 4 billion won. Investors holding this ETF can sell it at the price offered by the liquidity provider (LP) by the end of this month, which is the trading day before the delisting.
Investors who hold the asset until the delisting will receive a redemption payment after deducting management fees and other expenses from the net worth. The redemption payment is scheduled to be made on Aug. 6.