Mirae Asset Global Investments said on the 7th that the domestic exchange-traded fund (ETF) brand "TIGER ETF" has surpassed 100 trillion won in net worth aggregates.
According to the Korea Exchange (KRX), as of the close on the 6th, the net worth total of 220 TIGER ETFs is 100.3159 trillion won. Launched in June 2006 with its first product, TIGER ETF surpassed 100 trillion won in net worth in 20 years, the shortest time in the industry. In particular, after surpassing 50 trillion won in Mar. 2024, the size doubled in about two years.
Mirae Asset Global Investments emphasized that TIGER ETF has grown by leading the democratization of investing in Korea's ETF market through long-term investing and innovation growth themes.
The flagship product, "TIGER Semiconductor," posted a cumulative return of 892% as of the 6th. "TIGER 200," which invests in the representative domestic index, also delivered a cumulative return of 296% since its listing in Apr. 2008. It has also introduced new-industry thematic ETFs such as humanoid robots, bio, and aerospace.
Mirae Asset Global Investments said it has strengths in overseas investing by leveraging a global ETF network spanning 13 regions worldwide. "TIGER U.S. Nasdaq 100," Korea's first U.S. flagship index ETF, has a cumulative return of 1,553% since listing, and "TIGER U.S. S&P 500" has surpassed 13 trillion won in net worth, establishing itself as the largest ETF among those listed in Korea.
TIGER ETF is also pursuing diversification of asset-by-asset portfolios not only in domestic and overseas equity types but also in gold and bonds. Last year, it launched "TIGER KRX Gold Spot," which recorded 537.8 billion won in individual net purchases and ranked No. 1 among new products last year. It also listed "TIGER Total World Stock Active," the first in Korea to invest in a diversified way across the global stock market at once.
On the back of these results, individual investor holdings (AUM) of TIGER ETFs account for about 40%. Since Nov. 2021 through the present, it has maintained the No. 1 individual investor share for 50 consecutive months on a month-end basis.
Vice Chairman and CEO Lee Jun-yong of Mirae Asset Global Investments said, "We will continue to be a long-term investing partner that discovers innovative products as the world's No. 12 ETF manager and helps investors manage their assets successfully."