Mirae Asset Global Investments, TIGER ETF 2 New Listings Event

[Asia Economy Reporter Junho Hwang] Mirae Asset Global Investments announced on the 17th that it will hold an event for customers trading the newly listed ‘TIGER US S&P 500 Dividend Aristocrats ETF’ and ‘TIGER US Nasdaq Next 100 ETF’.

The TIGER US S&P 500 Dividend Aristocrats ETF invests in dividend aristocrats, companies within the S&P 500 that have consistently increased their dividends.

The ETF’s benchmark index is the 'S&P 500 Dividend Aristocrats Index.' It consists of S&P 500 constituents that have increased their dividends per share for at least 25 consecutive years, have a market capitalization of over $3 billion, and an average trading volume of over $5 million in the past three months. As of the end of April, the index includes 64 stocks. The index undergoes constituent changes once a year and weight adjustments four times a year.

The TIGER US Nasdaq Next 100 ETF invests in 100 companies ranked 101st to 200th by market capitalization, aspiring to be the next generation Nasdaq 100.

The ETF’s benchmark index is the Nasdaq Next Generation 100 Index. It is composed of the top 100 stocks by market capitalization that are not included in the Nasdaq 100 and have an average daily trading volume of over 200,000 shares in the past three months. REITs, financial sector companies, and those undergoing bankruptcy proceedings are excluded. The index updates its constituents once a year and adjusts weights four times a year.

Mirae Asset Global Investments is conducting an event through KB Securities for investors who trade more than 300 million KRW daily in the two ETFs from today until July 17, offering gifts. The first five customers will receive a 50,000 KRW mobile cultural gift certificate. Through Eugene Investment & Securities, customers who achieve a combined daily trading amount of 100 million KRW or more in the target ETFs from June 17 to July 17 will receive a 20,000 KRW cultural gift certificate, and those who reach 300 million KRW or more will receive 30,000 KRW. At Kiwoom Securities, from June 20 to July 17, five investors who invest at least 300 million KRW daily in each target ETF will be selected by lottery to receive a 50,000 KRW mobile cultural gift certificate. For more details, please check each securities firm’s website.