Mirae Asset Global Investments' TIGER KOSDAQ 150 ETF Surpasses 2 Trillion Won in Net Assets

Mirae Asset Global Investments announced on the 27th that the net assets of its TIGER KOSDAQ 150 exchange-traded fund (ETF) have surpassed 2 trillion won.

According to the Korea Exchange, as of the closing price on the 26th, the net assets of the TIGER KOSDAQ 150 ETF stood at 2.294 trillion won. Since the beginning of this year, the fund has grown by 1.9578 trillion won, expanding its net asset size by about sevenfold. Over the same period, it delivered a return of 36.15%, while net purchases by individual investors totaled 799.5 billion won.

The TIGER KOSDAQ 150 ETF is a product that provides diversified investment in 150 stocks representing the KOSDAQ market. It broadly includes key KOSDAQ growth industries such as bio, secondary batteries, and semiconductor materials, parts, and equipment, as well as robots, thereby reflecting the overall growth potential of the market. Its key feature is that it seeks to ease the burden of volatility associated with individual stock investments, while at the same time pursuing performance driven by earnings improvement at leading KOSDAQ companies and changes in industrial structure.

Recently, the domestic stock market has continued its upward trend, supported by policy expectations and improved investor sentiment, and buying interest is spreading to the KOSDAQ market as well. The KOSDAQ Index has rebounded, recovering the 1,000-point level for the first time since COVID-19, and demand for growth-stock-oriented investment is also expanding.

In particular, as the government has presented the structural improvement of the KOSDAQ market as a new policy agenda, market expectations are rising. The government is pushing to revise the performance evaluation criteria for funds in order to encourage higher allocation to KOSDAQ by pension funds such as the National Pension Service. Financial authorities have also been accelerating structural improvements in the market by consecutively announcing measures to enhance trust and innovation in the KOSDAQ market and reforms to the delisting system.

Jung Eehyun, Head of ETF Portfolio Management at Mirae Asset Global Investments, said, "The KOSDAQ market is at the center of policy benefits and industrial restructuring," adding, "The TIGER KOSDAQ 150 ETF is a strategic investment tool that allows investors to capture the performance of leading KOSDAQ companies in one go, while reducing the burden of volatility in individual stocks."

This content was produced with the assistance of AI translation services.