Mirae Asset Global Investments said on the 19th that the total net worth of the "TIGER exchange-traded fund (ETF)" has surpassed 8 trillion won. Based on the previous day's close, the combined net worth of 217 TIGER ETFs was tallied at 8.073351 trillion won. After surpassing 7 trillion won in June, it crossed the 8 trillion won mark in just over three months.
Mirae Asset Global Investments also took the No. 1 spot in retail investor share. Currently, among all ETFs in Korea, the amount held by individuals (AUM) is about 7.35 trillion won. Of that, 3.07 trillion won is invested in TIGER ETFs. Among domestic asset managers, Mirae Asset Global Investments is the only one whose retail AUM has exceeded 3 trillion won.
Mirae Asset Global Investments is also exceeding a 50% share in overseas equity ETFs. Of the total net worth of 7.36 trillion won, 3.73 trillion won (50.7%) is in TIGER ETFs. The net worth of "TIGER U.S. S&P 500" and "TIGER U.S. Nasdaq 100," U.S. benchmark index ETFs first introduced in Korea by Mirae Asset Global Investments, has grown to 1.5 trillion won.
In addition, domestic equity ETFs and bond ETFs are reportedly continuing to attract steady inflows. Kim Nam-gi, head of ETF management (vice president) at Mirae Asset Global Investments, said, "Mirae Asset Global Investments has focused on developing competitive products based on the philosophy of long-term pension investing and innovative growth," adding, "We will faithfully serve as a long-term investment vehicle to grow investors' asset in a spirit of repaying the support shown to TIGER ETFs."