TIGER 200 ETF Hits Highest Net Asset Value in Six Years

Mirae Asset Global Investments announced on January 15 that the net asset value of the 'TIGER 200 ETF' has reached an all-time high.

According to the Korea Exchange, as of January 14, the net asset value of the TIGER 200 ETF stood at 5.261 trillion won. This marks the highest level in approximately six years since the previous record in December 2019. The TIGER 200 ETF is a product that tracks the KOSPI 200 Index, Korea's leading benchmark index, and is composed of large-cap stocks with high market capitalization. It serves as a representative index ETF reflecting the overall trend of the Korean stock market.

Recently, investor interest in the TIGER 200 ETF has been growing as buying momentum has strengthened around large-cap stocks in the domestic stock market. As of January 14, the average daily trading value over the past 20 days was 201.7 billion won, up 241% compared to a year ago. The improvement in liquidity indicators, such as increased trading value, has enhanced trading convenience, leading to greater investor demand.

The low-fee structure is also cited as a competitive advantage of the TIGER 200 ETF. The total expense ratio is 0.05% per year. Among KOSPI 200 index-tracking ETFs listed in Korea, it is competitive in terms of cost. For ETFs tracking the same index, differences in fees can impact cumulative returns over the long term, making a low-cost structure an important selection criterion for investors.

Jung Heehyun, Head of ETF Management at Mirae Asset Global Investments, stated, "The domestic stock market continues its strong upward trend, driven by two key factors: improvement in the semiconductor industry and increased global defense spending. As we approach the KOSPI 5000 era, the 'TIGER 200 ETF' enables efficient investment across core industries leading the Korean stock market, including semiconductors, shipbuilding, defense, and robotics."