The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    BTS stars shine brighter as solo artists

  • 3

    N. Korea holds politburo meeting to discuss Kim-Putin summit: KCNA

  • 5

    30 people purchased 8,000 homes: data

  • 7

    Rowoon leaves SF9 to focus on acting career

  • 9

    Korea urged to adopt China exit strategy amid hegemonic war

  • 11

    INTERVIEWPutin uses summit with NK leader to stop Seoul from helping Ukraine: expert

  • 13

    Netflix's 'Song of the Bandits' blends western action with Korean period series

  • 15

    Unfreezing of funds not likely to restore Korea-Iran ties

  • 17

    Merck emphasizes digitalization in semiconductor market

  • 19

    National Assembly passes motion to arrest DPK chief

  • 2

    '30 Days' promises laughter, unlikely romance

  • 4

    North Korean escapees tell how nuclear tests ruined their health, hometown

  • 6

    ITZY's Lia takes break to put mental health first

  • 8

    USFK soldier, 2 women arrested for drug trafficking

  • 10

    Seventeen to drop 11th EP next month

  • 12

    Foreign ministry asks Japan to investigate case of Korean poisoned with bleach in Tokyo

  • 14

    Lamborghini driver suspect sent to prosecutors over parking dispute in Gangnam

  • 16

    Seoul plans to build Jamsil Sports MICE Complex

  • 18

    Invasion of 'smart' albums

  • 20

    All BTS members renew contracts with HYBE: agency

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
Fri, September 22, 2023 | 14:47
Companies
Mirae Asset Global Investments leading market with TIGER ETF
Posted : 2023-02-26 12:51
Updated : 2023-02-27 13:00
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
The Nasdaq MarketSite promoting TIGER ETF, in New York's Times Square / Courtesy of Mirae Asset Global Investments
The Nasdaq MarketSite promoting TIGER ETF, in New York's Times Square / Courtesy of Mirae Asset Global Investments

By Yoon Ja-young

Amid turbulent global financial markets in the aftermath of the COVID-19 pandemic and key rate hikes, Mirae Asset Global Investments is leading exchange-traded funds (ETF)?with its TIGER ETF. Providing a diverse spectrum of products, it enables investors to pursue both growth and stability depending on the market surroundings.

According to the Korea Exchange, there are 155 TIGER ETFs as of Feb. 21. That sees Mirae Asset having the biggest number of ETFs in the country. The net asset value of TIGER ETFs now amounts to 34 trillion won ($25.9 billion), taking 38 percent of the local ETF market, as it satisfied investors by offering diversity in its ETF choices.

Since 2006 when it first launched TIGER ETF, Mirae Asset Global Investments has been leading the market in innovation- and growth-themed ETFs. This includes the launch of TIGER NASDAQ 100 which tracks the Nasdaq-100 index for the first time in the country. As an index that represents Silicon Valley, Nasdaq-100 represents global innovation including Microsoft, Google and Apple.

More recently, Mirae Asset has been launching ETFs representing new trends such as ChatGPT and leading technological innovations such as cloud services and electric vehicles. TIGER China Electric Vehicle Solactive, Tiger China Hang Seng Tech ETF, TIGER US Tech Top 10 INDXX, and TIGER US PHLX Semiconductor Sector Nasdaq ETF are among examples highly evaluated by investors for enabling betting on global innovative firms with high growth potential.

Mirae Asset also led a new trend in the market with ETFs of various interest rates. Its TIGER CD Rate Investment KIS Synth ETF was especially a big hit amid a steep hike of CD rates, with net asset value surpassing 5 trillion won in early February. It is the only ETF to attain that figure among ETFs that started on the Korea Exchange over the past 20 years. It recently launched TIGER Treasury 30Yr Strips Bond Active, satisfying the diverse needs of investors with the key rate hike cycle nearing an end.

TIGER ETF has also been a leading dividend ETF which has been popular among pensioners by offering cash payments each month. Mirae Asset is operating scores of monthly dividend ETFs, including TIGER Nasdaq-100 Covered Call, for investors focusing on cash flow.

While targeting local markets with TIGER ETF, Mirae Asset has been expanding its ETF business in global markets through synergy with its overseas subsidiaries such as Global X and Horizons ETFs. While the advance into overseas markets is a challenge, where nothing comes as a guarantee despite high costs, Mirae Asset Financial Group Chairman Park Hyun-joo encouraged the venture, saying it will build experience even if it fails.

Global X, which marks the fifth anniversary since being acquired by Mirae Asset Global Investments, has grown into a leader in the thematic growth ETF market in the U.S. Mirae Asset is engaged in ETF business in 11 countries as of the end of 2022, with total assets under management amounting to 103 trillion won which makes it the top 13th in the world in size.

"We have been making efforts to offer the full spectrum of products from which investors can choose the right one for each of the different market surroundings," a spokesperson for Mirae Asset Global Investments said. "By combining diverse TIGER ETFs, investors can set up their own portfolio that catches growth and stability as well as cash flow."


 
miguel
Top 10 Stories
130 people purchased 8,000 homes: data 30 people purchased 8,000 homes: data
2National Assembly passes motion to arrest DPK chiefNational Assembly passes motion to arrest DPK chief
3Gender equality minister nominee in hot seat over remarks on abortion Gender equality minister nominee in hot seat over remarks on abortion
4Seoul invites ambassadors to introduce new halal foods in Korea Seoul invites ambassadors to introduce new halal foods in Korea
5S. Korea condemns Russia, seeks to mend ties with China S. Korea condemns Russia, seeks to mend ties with China
6Honey-dipped cookie to represent 'K-desserts' at global food expo in Germany Honey-dipped cookie to represent 'K-desserts' at global food expo in Germany
7KG Mobility seeks breakthrough in Europe KG Mobility seeks breakthrough in Europe
8COVID-19 deaths hit record high in Korea for 2022 COVID-19 deaths hit record high in Korea for 2022
9Shilla hotel in Da Nang recognized at World Travel Awards Shilla hotel in Da Nang recognized at World Travel Awards
10Civil servant mentor reappointed as labor ministry spokesmanCivil servant mentor reappointed as labor ministry spokesman
Top 5 Entertainment News
1BTS defies K-pop's 'seven-year curse' BTS defies K-pop's 'seven-year curse'
2Aespa's VR concert to hit theaters Oct. 25 Aespa's VR concert to hit theaters Oct. 25
3Gang Dong-won becomes exorcist con artist in 'Dr. Cheon and Lost Talisman' Gang Dong-won becomes exorcist con artist in 'Dr. Cheon and Lost Talisman'
4[INTERVIEW] Virtual K-pop group MAVE: is more than just pretty pixels INTERVIEWVirtual K-pop group MAVE: is more than just pretty pixels
5Hebrew University students travel to Korea to explore musical landscape Hebrew University students travel to Korea to explore musical landscape
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group