Introducing the TIGER TDF2045 ETF
at the Press Briefing
Mirae Asset Global Investments will newly list the 'TIGER TDF2045 ETF' on the 25th. The TIGER TDF2045 ETF is Mirae Asset's first TDF ETF in the domestic TDF market and the world's first passive TDF ETF utilizing the U.S. representative index, the S&P 500. It combines the advantages of TDFs, which adjust the proportion of the S&P 500 according to the life cycle, with the transparency and low cost of passive ETFs, adding intuitiveness and transparency to TDFs.
On the 24th, Mirae Asset Global Investments held a 'TIGER ETF Press Briefing' at the FKI Conference Center in Yeouido and announced that "the TIGER TDF2045 ETF will provide a 20-year retirement preparation solution."
Yoon Byung-ho, Head of the Strategic ETF Management Division at Mirae Asset Global Investments, said, "The representative long-term investment product indispensable in Korean pension assets is the S&P 500," adding, "Since 2005, the MSCI World Index has risen by 335%, while the S&P 500 Index has recorded a 508% return over about 20 years."
He continued, "Focusing intensively on U.S. large-cap stocks, represented by the global stock market, the S&P 500, can most intuitively improve returns," and added, "From this perspective, we developed the world's first S&P 500 passive TDF through collaboration with S&P."
Mirae Asset Global Investments applied a glide path (life cycle asset allocation curve) to the TIGER TDF2045 ETF that maximizes the stock proportion before retirement to increase retirement assets as much as possible. It invests in the U.S. representative index S&P 500 (79% as of the listing date) and domestic short-term bonds (21%). Through a predictable glide path, the proportion of the S&P 500 index is reduced by 1 percentage point (P) annually until 2040, five years before retirement, maintaining a significant long-term investment.
Investment can be more effective when using a retirement pension account. The TIGER TDF2045 ETF is a 'qualified TDF' with a risk asset ratio below 80%, allowing 100% investment within retirement pension accounts. Therefore, if 70% is invested in the TIGER U.S. S&P 500 ETF and the remaining 30% in the TIGER TDF2045 ETF, it is possible to invest up to 93% in the S&P 500 within the pension account.
Kim Nam-gi, Vice President and Head of the ETF Management Division at Mirae Asset Global Investments, emphasized, "The TIGER TDF2045 ETF is a transparent, low-cost, and the most intuitive 'one-ticket solution' for retirement preparation among TIGER ETFs." He added, "There may be no perfect answer for retirement preparation, but Mirae Asset Global Investments will strive to be a long-term investment partner that thinks together with investors and creates better answers."
To commemorate the launch of the TIGER TDF2045 ETF, Mirae Asset Global Investments is holding a listing celebration event. Until the 24th of next month, customers who certify the purchase of the TIGER TDF2045 ETF and participate in the quiz event will be entered into a draw to receive prizes. Detailed event information can be found on the TIGER ETF website.
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