Mirae Asset Changes Names of Three TIGER Group Stock ETFs

Strengthening Focus on Core Affiliates Through Name Changes
TIGER Hyundai Motor Group Plus ETF Grows Nearly Threefold Since Beginning of Year

Mirae Asset Global Investments announced on January 23 that it will change the names of three ETFs that invest in group stocks.

The existing TIGER Hyundai Motor Group+Fundamental ETF will be renamed to TIGER Hyundai Motor Group Plus ETF, and the TIGER Samsung Group Fundamental ETF will become the TIGER Samsung Group ETF. The TIGER LG Group+Fundamental ETF will be renamed to TIGER LG Group Plus ETF. The new names were chosen to help investors intuitively understand that these products focus on the core affiliates of each group.

The TIGER Hyundai Motor Group Plus ETF is an ETF that invests in Hyundai Motor Group stocks, encompassing not only physical AI but also the core growth engines of the group’s affiliates expanding into shipbuilding, defense, nuclear power, and electrical equipment. As of January 23, its net assets stood at 379.6 billion won, having grown nearly threefold since the beginning of the year. The net purchase amount by individual investors reached 136.1 billion won. During the same period, the return was 39.94%, outperforming the KOSPI 200 return of 19.20%.

The ETF includes companies such as HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries, which are expected to benefit from the second boom in the shipbuilding industry; Hyundai Rotem, which is seeing increased defense orders; Hyundai Engineering & Construction, a beneficiary of the expansion of the nuclear power business; and HD Hyundai Electric, a key player in electrical equipment. The TIGER Hyundai Motor Group Plus ETF is an 'all-in-one' investment solution that allows investors to tap into megatrends centered on Hyundai Motor Group.

The TIGER Samsung Group ETF invests in the core affiliates of the group, such as Samsung Electronics, Samsung C&T, and Samsung SDI, focusing on the growth engines that represent Korea’s industries, including semiconductors, construction, secondary batteries, biotechnology, and shipbuilding. During the KOSPI market’s rerating phase, investors can invest in the main businesses of the Samsung Group as a whole.

The TIGER LG Group Plus ETF invests in the group’s core affiliates, such as LG Chem, LG Electronics, and LG Display, targeting the future industries of secondary batteries, eco-friendly materials, electronics, and displays. It allows for diversified investment in LG Group, which stands out in the process of growth and transformation, centered on its vertically integrated structure spanning materials, components, finished products, and services.

Jung Hyun Jeong, Head of ETF Management at Mirae Asset Global Investments, said, "By changing the names of the group stock ETFs, we have made it easier for investors to compare and understand them," adding, "The TIGER Hyundai Motor Group Plus ETF is a product that captures the structural growth story of Hyundai Motor Group, not only in physical AI but also as it expands into shipbuilding, defense, nuclear power, and electrical equipment, at the group level."