Mirae Asset Life Insurance said on the 28th that its variable insurance fund "ETF domestic equity type (N160)" posted a 1-year return of 232.99% as of the 12th.
The Mirae Asset Life Insurance ETF domestic equity type fund invests 60% or more of its asset aggregates in ETFs linked to the KOSPI 200 index to obtain revenue from a rise in the domestic stock market. The annual total fee rate is 0.32%, and it recorded a 1-month return of 35.44%, 3 months 51.52%, and 6 months 102.56%. The net worth size is 71.4 billion won.
As of the end of March, the main holdings of the ETF domestic equity type had the highest weight in Samsung Electronics (31.7%), and by sector, information technology (55.2%) and industrials (16.4%) followed in that order.
Wi Deuk-hwan, head of AI Wealth Tech Management at Mirae Asset Life Insurance, said, "Variable insurance is a product that can pursue insurance coverage and investment revenue at the same time," adding, "In the KOSPI bull trend, investors in variable insurance will also be able to enjoy the benefits of the rise in the domestic stock market through Mirae Asset Life Insurance's ETF domestic equity type."