US-Korea Tariff Negotiations Boost Opportunities for Shipbuilding ETF
Mirae Asset Management's 'TIGER Shipbuilding TOP10 ETF' has garnered attention, achieving a net asset value of 452.9 billion KRW as of the 5th, buoyed by recent US-Korea tariff negotiations. This ETF invests primarily in prominent Korean shipbuilding companies like Hanwha Ocean and HD Hyundai Heavy Industries. Highlighting the sector's significance, the ETF stands out amid expectations that a $150 billion shipbuilding cooperation fund agreed upon by the US and Korea will spur growth and facilitate entry into the American market.
The tariff negotiations underscore the potential for Korean shipbuilding technology to support the revival of the US shipbuilding sector. Resulting investor interest has led to a substantial inflow of funds into the ETF, amplifying its asset size. Mirae Asset Management expresses optimism, noting that the strengthened economic ties between the two countries can drive accelerated growth in the shipbuilding industry.
Furthermore, comprising an 86.1% investment in the four largest shipbuilders, the ETF is poised to benefit from the MASGA project. MASGA, aimed at revitalizing US shipbuilding, promises to amplify economic impact through multifaceted cooperation between the two nations. Against this backdrop, Chung Hyun-jung, Head of ETF Management, highlighted the 'TIGER Shipbuilding TOP10 ETF' as an effective strategy for pursuing market entry into the USA.
Related ETF
Related News
Mirae Asset's 'TIGER Shipbuilding TOP10 ETF' Surpasses 400 Billion KRW in Assets - eTodayMirae Asset Management announced on the 6th that the 'TIGER Shipbuilding TOP10 ETF' recorded a net asset value of 452.9 billion KRW as of the 5th. This follows the recent resolution of the Korea-U.S. tariff negotiations.
Related ETF
‘TIGER Korea Shipbuilding TOP10 ETF’ Surges as Biggest Beneficiary of Korea-US Tariff Negotiation… Exceeds KRW 400 Billion in Net Assets - Hans Economy| Hans Economy=Choi Cheon-wook Reporter| ‘TIGER Korea Shipbuilding TOP10 ETF’ is emerging as the biggest beneficiary ETF (Exchange Traded Fund) of the Korea-US tariff negotiations, having surpassed KRW 400 billion in net assets. Over the two days of the 31st of last month and the 1st of this month, individual investor funds inflowed totaled KRW 20.2 billion. According to the Korea Exchange on the 6th, as of the closing price on the 5th, the net assets of ‘TIGER Korea Shipbuilding TOP10 ETF’ from Mirae Asset Management were KRW 452.9 billion. This product allocates 29.1% to Hanwha Ocean, 23.1% to HD Hyundai Heavy Industries, 19.8% to HD Korea Shipbuilding & Offshore Engineering, and 14.1% to Samsung Heavy Industries, comprising a total of 86.1% in the 'Big 4 Shipbuilders'.
Related ETF
뉴스핌2025 8月 06
Mirae Asset's 'TIGER Shipbuilding TOP 10' Net Assets Surpass 400 Billion KRW… Benefit from US-Korea Tariff Negotiations[Seoul=NewsPim] Reporter Kim Ga-hee = Mirae Asset Management announced on the 6th that the net assets of its TIGER Shipbuilding TOP 10 Exchange Traded Fund (ETF) have surpassed 400 billion KRW. According to the Korea Exchange, as of the closing price on the 5th, the net assets of the TIGER Shipbuilding TOP 10 ETF are...
Related ETF
US-Korea 'MASGA' Major Beneficiary ETF…TIGER Shipbuilding TOP10 Passes 400 Billion KRW in Net Assets - Yonhap InfomaxRecently, as cooperation in the shipbuilding industry emerged as a key lever in the tariff negotiations between Korea and the US, associated exchange-traded funds (ETFs) have gained popularity. On the 6th, Mirae Asset Management announced that as of the previous day, the net assets of the 'TIGER Shipbuilding TOP10 ETF' reached 452.9 billion KRW. This ETF diversifies 86.1% across four main domestic shipbuilding stocks: Hanwha Ocean, HD Hyundai Heavy Industries, HD Korea Shipbuilding & Marine Engineering, and Samsung Heavy Industries. It has the largest proportion among domestically listed shipbuilding ETFs. Mirae Asset Management explained that these stocks are expected to benefit the most from the US-Korea tariff negotiations.
Related ETF
“Benefit from Tariff Negotiation”... ‘TIGER Korea Shipbuilding TOP10’ ETF Surpasses 400 Billion Won in Net Assets - E-DailyMirae Asset Management announced on the 6th that the net assets of the 'TIGER Korea Shipbuilding TOP10' Exchange Traded Fund (ETF) have surpassed 400 billion won. (Photo=Mirae Asset Management) According to the Korea Exchange, as of the closing price on the 5th, the net assets of the TIGER Korea Shipbuilding TOP10 ETF stood at 452.9 billion won. Recently, as a result of the US-Korea tariff negotiation settlement...
Related ETF