Mirae Asset Management "TIGER ETF, No.1 Net Purchase by Individual Investors in 2024"

Mirae Asset Global Investments announced on the 2nd that ‘TIGER ETF’ was the most chosen by individual investors throughout 2024.

According to the Korea Exchange, the total cumulative net purchase amount by individuals for TIGER ETFs in 2024 reached KRW 7.8594 trillion. This accounts for 40% of the total individual cumulative net purchases of all domestic exchange-traded funds (ETFs), which amount to KRW 19.76 trillion. It ranks first among domestic asset management companies. Following 2023, TIGER ETF was again the top choice for individual investors in 2024.

TIGER ETF has continuously introduced long-term investment products focused on ‘global’, ‘pension’, and ‘innovative growth’ themes last year, emerging as a leading ETF brand in Asia beyond Korea.

In particular, amid significant growth in the overseas equity ETF market in 2024, TIGER ETF led market development as the ‘synonym for U.S. investment.’ Having launched Korea’s first ETF investing in a representative U.S. index in 2010, TIGER ETF contributed to spreading a long-term investment culture through U.S. stock investments. The flagship product, ‘TIGER U.S. S&P500 ETF,’ recorded a cumulative net purchase amount by individuals of KRW 1.8933 trillion last year, ranking first among all ETFs listed domestically. Fueled by strong buying demand from individuals, this ETF has grown into the largest domestic equity ETF and the largest S&P500 ETF in Asia.

TIGER ETF also received favorable reviews from investors expecting stable cash flows, earning titles such as ‘the largest monthly dividend ETF in Korea’ and ‘the first covered call strategy ETF in Korea.’ The ‘TIGER U.S. 30-Year Treasury Covered Call Active (H) ETF’ was the first covered call ETF in Korea to surpass KRW 1 trillion in net assets, while the ‘TIGER U.S. Nasdaq 100 Target Daily Covered Call ETF’ became the leading monthly dividend ETF with the lowest option selling ratio among Nasdaq covered call ETFs.

Additionally, TIGER ETF expanded its investor base by introducing innovative growth theme ETFs available only through TIGER ETF in Korea. Last year, Mirae Asset Global Investments collaborated with the Nasdaq Stock Market to develop a new global semiconductor index (PHLX AI Semiconductor Index, ASOX). Through this, the world’s first ETF tracking the ASOX index, ‘TIGER U.S. Philadelphia AI Semiconductor Nasdaq ETF (497570),’ was launched in the Korean market. Listed at the end of November 2024, this ETF has recorded over KRW 120 billion in cumulative net purchases by individuals in about one month.

Supported by individual investors’ interest, TIGER ETF also ranked first in assets under management (AUM) held by individual investors. According to the Korea Exchange, as of the end of 2024, there are 935 ETFs listed domestically with a total net asset size of KRW 173 trillion. The amount held by individual investors is KRW 50.9079 trillion. Among these, TIGER ETF accounts for KRW 23.7238 trillion, representing 47% of the total.

Namgi Kim, Head of ETF Management Division at Mirae Asset Global Investments, said, “Thanks to the support of many investors, TIGER ETF has grown into a leading ETF in Asia beyond Korea. Particularly, this growth is very meaningful as it has been achieved alongside the asset growth of investors who practiced global diversification.” He added, “Although the domestic economic situation remains uncertain and challenging, we will continue to do our best to help investors grow their assets and prepare for a peaceful retirement through TIGER ETF.”