Domestic Bond-Type TIGER ETFs Surpass 10 Trillion Won in Total Net Assets

Mirae Asset Global Investments announced on October 10 that the total net assets of its domestic bond-type TIGER ETFs have surpassed 10 trillion won.

According to the Korea Exchange, as of the market close on October 1, the combined net assets of domestic bond-type TIGER ETFs amounted to 10.3891 trillion won. This figure has nearly doubled in about nine months, up from 5.3692 trillion won at the beginning of the year.

Mirae Asset Global Investments has launched competitive ETFs such as TIGER Money Market Active and TIGER 28-04 Corporate Bond (A+ or higher) Active, amid continued growth in demand for bond investments since the start of the interest rate cut cycle last year.

TIGER Money Market Active, which was launched in April this year, recorded the fastest growth, with net assets reaching 2.8 trillion won. This ETF mainly invests in commercial paper and short-term notes with maturities of less than three months, and has gained attention as an effective tool for managing short-term idle funds amid market volatility. As of October 1, its expected yield to maturity (YTM) stands at 2.72%, ranking among the highest of all money market ETFs listed in Korea. Its total expense ratio is as low as 0.040% per year, maximizing potential investment returns.

TIGER 28-04 Corporate Bond (A+ or higher) Active, which was listed on August 26, surpassed 300 billion won in net assets within about a month of its launch. As of October 1, its net assets stand at 351.4 billion won. With its long duration and high YTM, it has emerged as an attractive investment destination benefiting from the interest rate cut cycle.

TIGER High-Grade Corporate Bond Active and TIGER Comprehensive Bond (AA- or higher) Active have also seen their net assets increase by 448.7 billion won and 420 billion won, respectively, since the beginning of the year, based on stable performance from medium-term bond investments.

Domestic bond-type TIGER ETFs have established themselves as differentiated products that combine both stability and profitability, delivering outstanding returns. As of October 1, TIGER High-Grade Corporate Bond Active posted a 3.69% return since the beginning of the year, ranking first among domestic bond-type ETFs. TIGER 27-04 Corporate Bond (A+ or higher) Active followed with a return of 3.35%.

Kim Dongmyung, Head of Bond ETF Management at Mirae Asset Global Investments, explained, "Bond-type TIGER ETFs are serving as a bridge for investors newly entering the domestic and international securities markets, helping them shift from 'saving' to 'investing'." He added, "We will continue to introduce competitive products so that investors can confidently take their first steps into broader asset markets, backed by stable returns."