'Asia's Largest' TIGER US Nasdaq100 ETF Surpasses 5 Trillion Won in Net Assets

Mirae Asset Global Investments announced on July 3 that the net asset value (NAV) of the 'TIGER US Nasdaq100 ETF (133690)' has surpassed 5 trillion won.

According to the Korea Exchange, as of July 2, the NAV of the TIGER US Nasdaq100 ETF stood at 5.0913 trillion won. This makes it the largest among all US Nasdaq100 investment ETFs listed not only in Korea but also across Asia.

The TIGER US Nasdaq100 ETF is the first domestically listed ETF tracking the Nasdaq100 index. When it was listed in October 2010, the price per share was 10,000 won; it has now exceeded 130,000 won, establishing itself as a symbol of long-term US equity investment for Korean investors. The Nasdaq100 index recently reached a new all-time high, driven by the easing of tariff and geopolitical risks, expectations of interest rate cuts, and the continued strength of technology stocks fueled by the growth prospects of the AI industry. Since the beginning of this year, it has delivered the highest performance among the three major US benchmark indices, further increasing investor interest.

The TIGER US Nasdaq100 ETF has been chosen by long-term investors due to its low actual expense ratio. According to the Korea Financial Investment Association, as of the end of May, the ETF's TER (total expense ratio, including management fees and other costs) was 0.1268%. Including trading and brokerage fees (0.0279%), the actual expense ratio borne by investors is 0.1547%, the lowest among all domestically listed US Nasdaq100 ETFs. Since the actual expense ratio accumulates over time and impacts returns, it is an important factor for long-term investors to consider.

With the TIGER US Nasdaq100 ETF surpassing 5 trillion won in NAV, Mirae Asset Global Investments has once again demonstrated its capabilities as a leading global ETF manager in overseas investment ETFs. As of now, two of the top five ETFs by NAV listed in Korea are overseas equity ETFs, both of which are TIGER US investment ETFs. As of July 2, the NAV of the 'TIGER US S&P500 ETF' stands at 8.2 trillion won, making it the largest overseas equity ETF in Korea and the largest S&P500 investment ETF in Asia.

Kim Namho, Head of Global ETF Management at Mirae Asset Global Investments, stated, "The TIGER US Nasdaq100 ETF has become the second domestically listed US equity ETF to surpass 5 trillion won in NAV, following the TIGER US S&P500 ETF," adding, "The TIGER ETF, which has made history by growing into the largest Nasdaq100 investment ETF in Asia, will continue to promote a culture of long-term investment through ETFs."

To commemorate the TIGER US Nasdaq100 ETF surpassing 5 trillion won in NAV, Mirae Asset Global Investments is holding a purchase event for trading customers. Until July 25, customers who purchase or hold the TIGER US Nasdaq100 ETF will be entered into a drawing to receive a gifticon. Detailed information about the event can be found on the TIGER ETF website.