'TIGER Money Market Active ETF' Net Assets Surpass 300 Billion KRW

Achieved 10 Billion KRW in Cumulative Net Buying by Individuals
in the Shortest Time Among Domestically Listed Money Market ETFs

Mirae Asset Global Investments announced on May 15 that the net asset value of the 'TIGER Money Market Active ETF (0043B0)' has surpassed 300 billion KRW.

According to the Korea Exchange, as of the closing price on May 14, the net asset value of the 'TIGER Money Market Active ETF' stood at 335.7 billion KRW. This ETF, which was newly listed on April 22, has attracted attention as a safe investment vehicle for managing short-term funds, and surpassed 300 billion KRW in net assets in just about three weeks since its listing.

Amid growing uncertainty in both domestic and global economies, individual investors are showing significant interest. As of May 14, the cumulative net buying by individual investors since the listing of the TIGER Money Market Active ETF reached 13.5 billion KRW, marking the fastest growth trend among money market ETFs currently listed in Korea.

The TIGER Money Market Active ETF is a short-term fund-type ETF that invests in ultra-short-term bonds and CP (commercial paper). While its investment portfolio?such as the types of assets and duration?is similar to that of traditional MMFs (Money Market Funds), it is subject to fewer operational restrictions and applies mark-to-market valuation, allowing for the potential of excess returns compared to standard MMFs. As of May 14, its YTM (yield to maturity) was 2.96%, ranking among the highest of all money market ETFs listed in Korea.

The average duration is approximately 0.15 years, minimizing sensitivity to interest rate fluctuations and enabling stable management of idle or standby funds. The total expense ratio is 0.040% per annum, which is lower than that of conventional MMFs. In addition, as a safe asset, it is eligible for 100% investment through retirement pension accounts.

Kim Dongmyung, Head of Bond ETF Management at Mirae Asset Global Investments, explained, "While market uncertainty has somewhat eased following recent progress in US-China tariff negotiations, demand for stable ultra-short-term products remains strong." He added, "The TIGER Money Market Active ETF is establishing itself as a new standard for short-term fund management, as it maintains the stability of traditional MMFs while pursuing additional returns."