Mirae Asset Global Investments' "TIGER Securities" Ranks No. 1 in Year-to-Date Return Among All ETFs

Mirae Asset Global Investments announced on the 23rd that its "TIGER Securities Exchange-Traded Fund (ETF)" has recorded the highest year-to-date return among domestically listed ETFs excluding leveraged products.

According to the Korea Exchange, as of the closing price on the 20th, the year-to-date return of the TIGER Securities ETF was 101.7%. This is 63.9 percentage points higher than the KOSPI increase of 37.8% over the same period, and it is the highest return among domestically listed ETFs excluding leveraged products.

The securities sector is being evaluated as a major beneficiary as the Korean stock market enters a re-rating phase. As overall investment sentiment in the stock market improves, capital inflows are expanding, and customer deposits at securities firms have exceeded 100 trillion won. The average daily trading value in February increased by 339% year-on-year to 62.3 trillion won. The increase in trading value is leading to higher commission income from brokerage services at securities firms, thereby raising expectations for earnings improvement.

In addition, as discussions on the third amendment to the Commercial Act, which centers on making the retirement (cancellation) of treasury shares mandatory, gain momentum, expectations are growing for expanded shareholder return policies such as the retirement of treasury shares, particularly in the securities sector, to enhance shareholder value. With shareholder return momentum driven by institutional changes overlapping with fundamentals improvement based on earnings, the potential for medium- to long-term benefits to the securities sector is coming into focus.

The TIGER Securities ETF is a product that invests in 10 leading Korean securities companies, including Mirae Asset Securities (33.3%) and Korea Financial Group (22.3%). In particular, among domestically listed ETFs, it has the highest weighting in Mirae Asset Securities. Mirae Asset Securities has seen its share price rise by 203.6% this year, reflecting earnings improvement from the recognition of the value of its stakes in unlisted overseas innovative companies and expectations for further revaluation of its value, marking the highest increase among KOSPI-listed securities stocks.

Jung Eehyun, Head of ETF Portfolio Management Division at Mirae Asset Global Investments, said, "The securities sector is expected to be the biggest beneficiary in the Korean stock market's re-rating phase," adding, "The TIGER Securities ETF is a product that can capture both the earnings improvement of leading domestic securities firms and the trend of expanding shareholder returns, making it an efficient vehicle for investing across the entire securities sector."