Mirae Asset 'TIGER Korea Value Up ETF' Newly Listed

Minimum Yield 0.008%
Maximum Scale 204 Billion KRW
Value-Up ETF with Monthly Distributions

Mirae Asset Global Investments announced on the 1st that it will newly list the ‘TIGER Korea Value-Up ETF’ on the Korea Exchange on the 4th.

The ‘TIGER Korea Value-Up ETF’ invests in 100 stocks included in the Korea Value-Up Index. It was selected considering profitability, shareholder returns, market valuation (price-to-book ratio), and capital efficiency (ROE) among companies ranked within the top 400 by market capitalization. The Korea Value-Up Index includes all industry sectors such as Information Technology (IT), Healthcare, Industrials, Financials, and Consumer Staples in balanced proportions, and limits the weight of individual stocks to 15% to minimize the stock risk of mega-cap companies.

The government plans to actively support value-up excellent companies by inducing capital investment and providing various tax benefits and commendations. The ‘TIGER Korea Value-Up ETF’ is expected to achieve mid- to long-term growth effects by investing in outstanding companies demonstrating value-up implementation effects.

The total expense ratio of the ‘TIGER Korea Value-Up ETF’ is 0.008%, which is the lowest level among all ETFs currently listed domestically. Even when tracking the same index, the expense ratio affects returns more as the investment period lengthens, so choosing a product with a low expense ratio is effective.

Additionally, it will be listed with the largest scale among domestic value-up ETFs, amounting to 204 billion KRW. The larger the net asset size at listing, the smoother the order supply, and more liquidity providers submit orders, making it advantageous in terms of trading accessibility.

The ‘TIGER Korea Value-Up ETF’ is a monthly dividend ETF. Unlike domestic market representative index ETFs that usually pay dividends quarterly, it pays dividends at the end of each month, enabling stable cash flow. The dividend yield of the Korea Value-Up Index, which includes companies that have paid dividends for two consecutive years recently and excludes deficit companies, is higher than other representative indices such as KOSPI, KOSDAQ, and KRX300. Based on these shareholder return-oriented companies, the ‘TIGER Korea Value-Up ETF’ plans to support stable income investment.

Mirae Asset Global Investments will hold a listing commemorative event for trading customers to celebrate the launch of the ‘TIGER Korea Value-Up ETF.’ Customers who meet the daily trading conditions of this ETF at KB Securities, Korea Investment & Securities, Daishin Securities, and LS Securities will receive cultural gift certificates through a lottery. Detailed event information can be found on each securities firm's website.

Kim Nam-gi, Head of ETF Management at Mirae Asset Global Investments, said, "We decided to list at the lowest expense ratio ever among domestically listed ETFs, reflecting investors’ interest in the domestic stock market and their desire for value-up in the undervalued Korean market." He added, "For investors expecting a long-term resolution of the Korea discount, investing in the ‘TIGER Korea Value-Up ETF,’ which has lower costs than the KOSPI 200 ETF and directly invests in value-up stocks, is advantageous."