Mirae Asset Launches Ultra-Short U.S. Treasury ETF
Mirae Asset Global Investments has announced the launch of its new 'TIGER U.S. Ultra-Short (3 months or less) Treasury' ETF. This fund mirrors BlackRock's 'iShares SGOV ETF' by tracking the same underlying index, focusing on U.S. Treasury bonds with maturities of three months or shorter. Amid the volatile US long-term interest rate environment, these ultra-short treasury bonds are viewed as stable investment vehicles, offering a low total expense ratio of 0.09% annually. Furthermore, this ETF provides monthly dividends and can be traded in Korean Won, eliminating the hassle of currency exchange for Korean investors.
The introduction of this ETF allows investors to sidestep foreign currency complexities while engaging with a secure investment option, likely increasing demand. Its competitive expense ratio contributes to its appeal as a cost-effective financial instrument. An inaugural event is anticipated, expected to draw significant investor interest.
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Mirae Asset Management to List New TIGER U.S. Ultra-Short-Term Treasury ETF - meconomynews.comMirae Asset Global Investments announced on the 29th that it will list the 'TIGER U.S. Ultra-Short-Term (3 months or less) Treasury' ETF. This ETF tracks the same underlying index as BlackRock's 'iShares Ultra Short-Term Bond (SGOV)' ETF, the world's largest asset manager. With total assets reaching $44.8 billion (approximately 64 trillion won), SGOV invests in U.S. Treasury bonds with a remaining maturity of 3 months or less, offering a short-term cash product. It has gained significant popularity among both domestic and international investors by distributing bond interest monthly in the form of dividends. Amid recent financial market volatility, long-term bond rates have shown instability.
Mirae Asset Lists U.S. Ultra-Short-Term Treasury ETF of 3 Months or Less - Money TodayMirae Asset Global Investments has introduced the first ETF (Exchange-Traded Fund) in Korea that invests 100% in U.S. ultra-short-term treasuries. On the 29th, Mirae Asset Global Investments listed the TIGER U.S. Ultra-Short-Term (3 months or less) Treasury ETF. This product tracks the same underlying index as BlackRock's 'iShares Ultra-short Treasury Bond ETF (SGOV)', the world's largest asset manager.
'Korean Version SGOV' Mirae Asset's Ultra-Short Treasury ETF Newly Listed - Seoul EconomySecurities > Overseas Market News: Mirae Asset Management announced that it will newly list the 'TIGER U.S. Ultra-Short (Under 3 Months) Treasury' Exchange Traded Fund (ETF) on the Korea Exchange on the 29th. TIG...