Mirae Asset Launches TIGER U.S. AI Software TOP4Plus ETF
Mirae Asset Global Investments will debut the 'TIGER U.S. AI Software TOP4Plus ETF' on the securities market on the 9th. The ETF invests in 10 U.S.-based AI software companies, focusing over 70% of its allocation on key players like Palantir, Oracle, Figma, and AppLovin.
This ETF reflects the trend of the AI industry shifting from hardware to software. As a result, the U.S. AI software market is projected to grow at an annual rate of approximately 20% from 2024 to 2034, highlighting its significant potential. This move signifies Mirae Asset's strategy to expand its AI value chain investments towards the software sector.
Notably, the ETF includes Figma as part of a passive ETF listed in Korea for the first time. Namho Kim, a division director, has indicated that substantial allocations to key entities like Palantir and Oracle align with the current market trends. This approach takes into account the fundamental role AI software is expected to play in future technological innovations.
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Palantir, Oracle, Figma, AppLovin AI Software Top 4 Companies Focused Investment… 'Avengers Lineup' TIGER US AI Software TOP4Plus ETF - Hans EconomyHans Economy = Reporter Kim Yujin | Mirae Asset Management is set to list the 'TIGER US AI Software TOP4Plus' Exchange Traded Fund (ETF) on the 9th, which carefully selects only the core US AI software companies such as Palantir, Oracle, Figma, etc. With this, Mirae Asset Management completes the AI lineup of TIGER ETF, following the 'TIGER US Philadelphia Semiconductor NASDAQ ETF' in 2021 and the 'TIGER US Philadelphia AI Semiconductor NASDAQ ETF' in 2024. Kim Namho, head of the Global ETF Management Division, announced at the new listing of 'TIGER US AI Software TOP4Plus' on the 5th.
Mirae Asset Launches AI Software ETF… "Invest in Avengers Line-up"Mirae Asset Launches AI Software ETF… "Invest in Avengers Line-up" (Seoul=Yonhap News) Reporter Kim Tae-kyun = Mirae Asset Global Investments announced on the 5th that it will newly list the 'TIGER U.S. AI Software TOP4Plus' ETF, which invests in leading U.S. AI (Artificial Intelligence) software companies, on the 9th. ..
Palantir, Figma, Oracle Gathered... Mirae Asset to List 'AI Software ETF' - Metro NewsMirae Asset Global Investments is set to launch an exchange-traded fund (ETF) focusing on major global artificial intelligence (AI) software stocks. They believe that 'the key to growth in AI is software, not hardware.' On the 5th, Mirae Asset will hold a YouTube live web seminar to introduce the 'TIGER U.S. AI Software ETF' on the 9th.