Mirae Asset's 'TIGER S&P500' ETF Achieves Record Growth in Asia
Mirae Asset's 'TIGER S&P500' ETF has surpassed 9 trillion won in net assets, becoming the largest S&P500-based ETF listed in Asia. This growth is driven by the robust performance of the U.S. S&P500 index, the rapid expansion of the AI industry, and expectations for interest rate cuts by the Federal Reserve. The ETF has seen immense popularity among individual investors, with a cumulative net purchase of 1.3825 trillion won this year alone.
The company describes the fund as a stable and long-term investment vehicle. It plans to conduct a monthly purchase verification event until January 2026, rewarding verified investors with prizes. This strategy aims to sustain investor interest by emphasizing the ETF's long-term growth prospects, thereby attracting more individual investors.
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