TIGER US Tech TOP10 INDXX ETF Surpasses 4 Trillion Won in Net Assets

Mirae Asset Global Investments announced on December 16 that the net asset value of the 'TIGER US Tech TOP10 INDXX ETF' has surpassed 4 trillion won.

According to the Korea Exchange, as of December 15, the net asset value of the TIGER US Tech TOP10 INDXX ETF reached 4.1 trillion won. Since its listing, sustained interest from domestic investors in US big tech has helped the TIGER US Tech TOP10 INDXX establish itself as the largest thematic ETF in Korea.

This year, the technology sector has experienced structural growth centered on innovative industries such as AI, cloud computing, and semiconductors across major global stock markets. Investor interest has continued to expand. As of December 15, the net asset value of the TIGER US Tech TOP10 INDXX has increased by approximately 950 billion won since the beginning of the year.

The TIGER US Tech TOP10 INDXX ETF invests in the top 10 US tech companies by market capitalization listed on the NASDAQ. Its underlying index is the 'Indxx US Tech Top 10 Index,' which currently includes leading global technology companies such as Apple, Microsoft, Alphabet, Amazon, and Nvidia. The ETF seeks both long-term growth and stability of US big tech firms, while enabling easy diversification into key growth industries.

Through the regular December rebalancing, the TIGER US Tech TOP10 INDXX ETF will add a new constituent (Palantir) and remove one (T-Mobile). This is expected to more actively reflect changes and trends in the US big tech industry.

Kim Namho, Head of Global ETF Management at Mirae Asset Global Investments, stated, "'TIGER US Tech TOP10 INDXX ETF' has become a symbol of US tech investment and the leading thematic ETF in Korea," adding, "We will continue our efforts to strengthen its position as an entry point for Korean investors seeking to invest in US tech."