Mirae Asset Securities' Two U.S. Representative Index ETFs Surpass 30 Trillion Won in Net Assets
Mirae Asset Securities' two U.S. representative index ETFs, the TIGER U.S. S&P 500 ETF and TIGER U.S. Nasdaq 100 ETF, have surpassed 30 trillion won in combined net assets. As of the end of trading on June 21, the combined net assets of the two products reached 30.9908 trillion won, accounting for more than half of the total net assets of all U.S. representative index ETFs listed on the Korean stock market. Individual investors have poured 5.3373 trillion won into the products since the beginning of the year, representing over half of the total individual inflows into all U.S. representative index ETFs. The funds are the largest among Asian-listed ETFs and rank second and third respectively in South Korea's overall ETF net asset rankings. The surge in individual demand reflects growing interest in U.S. large-cap equity ETFs as investors seek to diversify risk and balance exposure.