Mirae Asset Global Investments announced on the 4th that it will hold a trading event to commemorate the fee reduction of the ‘TIGER 2nd Battery TOP10 Leverage ETF’. Along with this, Mirae Asset Global Investments has published the ‘Global Leverage ETF Guidebook’ in response to the increasing demand for leveraged ETF investments.
The ‘TIGER 2nd Battery TOP10 Leverage ETF’ invests in 10 representative companies within the secondary battery industry, including ‘LG Energy Solution’, representing the secondary battery cell sector, and ‘POSCO Future M’, representing cathode material companies, as well as Samsung SDI, LG Chem, and EcoPro.
The portfolio excludes over-the-counter derivatives such as swaps and contains only ETFs, listed stocks, and derivatives, making it the only domestically listed secondary battery leverage or inverse ETF that does not impose tax burdens on capital gains.
The total fee for the ‘TIGER 2nd Battery TOP10 Leverage ETF’ is 0.29%, which is among the lowest levels for theme-based leveraged ETFs listed domestically.
Due to the popularity of the secondary battery theme and tax benefits, individual investors’ interest in the ‘TIGER 2nd Battery TOP10 Leverage ETF’ has concentrated, leading Mirae Asset Global Investments to reduce the total fee from the previous 0.59% to 0.29% starting November 29.
To celebrate the fee reduction, Mirae Asset Global Investments is conducting an event for customers. Until the 28th, customers who meet the daily trading conditions for the ‘TIGER 2nd Battery TOP10 Leverage ETF’ and the ‘TIGER 2nd Battery TOP10 ETF’ at Kiwoom Securities will be entered into a draw to receive cultural gift certificates. Detailed event information can be found on the Kiwoom Securities website.
An event related to the ‘TIGER 2nd Battery TOP10 Leverage ETF’ is also ongoing on the TIGER ETF website. Until the 8th, participants who answer the quiz correctly in the event menu on the TIGER ETF website will be entered into a draw to receive gifticons.
Additionally, Mirae Asset Global Investments has published the ‘Global Leverage ETF Guidebook’ as investor interest in leveraged ETFs has surged recently, not only in the secondary battery theme but also more broadly.
The guidebook thoroughly covers essential concepts and structures of leveraged ETFs that every leveraged investor must know, as well as investment precautions. It also introduces a total of nine TIGER global leveraged ETF series, including ‘TIGER US Nasdaq 100 Leverage ETF (Synthetic)’ and ‘TIGER US S&P 500 Leverage ETF (Synthetic H)’. The guidebook is available for free download on the TIGER ETF website.
Kim Nam-gi, Head of the ETF Management Division at Mirae Asset Global Investments, said, “Since taxes on leveraged ETFs correspond to dividend income tax and may be subject to comprehensive taxation, smart investment considering taxes is necessary. If investors carefully review the precautions before investing in leveraged ETFs through the guidebook, it will be helpful.”
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