Success and Expansion of the TIGER U.S. Tech TOP10 INDXX ETF
Mirae Asset's TIGER U.S. Tech TOP10 INDXX ETF has reached a net asset value of 3.24 trillion KRW, becoming the largest U.S. big tech investment ETF in Korea and Asia. Over the past year, this ETF has recorded a 63.6% return, outperforming the Nasdaq 100 index. This fund primarily invests in the top 10 big tech companies by market capitalization on the Nasdaq market, offering concentrated exposure to industries related to artificial intelligence (AI).
The ETF's main investments include firms commonly referred to as 'BATMMAAN': Broadcom, Apple, Tesla, Microsoft, Meta, Amazon, Alphabet, and NVIDIA, with a high investment weight of approximately 97.4%. This makes the ETF particularly appealing to investors looking to focus on tech stocks. By providing opportunities to invest in growth-oriented AI-related stocks, Mirae Asset's ETF has received a positive market response.
Meanwhile, another asset management company, Korea Investment Trust Management, has reported that its ETFs focused on U.S. big tech have surpassed a combined net asset value of 710.8 billion KRW. These ETFs, launched in September 2023, have recorded strong recent returns, driven by robust net buying from individual investors.
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Mirae Asset's ‘US Tech TOP10 ETF’ Surpasses 3 Trillion KRW in Net Assets - EdailyMirae Asset Global Investments announced on the 14th that the net assets of the ‘TIGER US Tech TOP10 INDXX’ Exchange-Traded Fund (ETF) have surpassed 3 trillion KRW. According to the Korea Exchange, as of the closing price on the 13th, the net assets of the ‘TIGER US Tech TOP10 INDXX’ ETF stood at 3.2405 trillion KRW, marking a significant milestone for US ETFs listed domestically...
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Mirae Asset Management, 'TIGER US Tech TOP10 ETF' Assets Exceed 3 Trillion KRW - Metro Newspaper - Valuable Information for the Middle Class and Common PeopleMirae Asset Management's 'TIGER US Tech TOP10 INDXX ETF' has surpassed 3 trillion KRW in net assets. According to the Korea Exchange on the 14th, the net assets of the 'TIGER US Tech TOP10 INDXX ETF' based on the previous day's closing price is 3.2405 trillion KRW. Mirae Asset Management stated, "US big tech listed in Korea"
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Mirae Asset Management's 'US Tech TOP10 ETF' Surpasses 3 Trillion Won in Net Assets - Maeil Business NewspaperMirae Asset Management announced on the 14th that the net assets of the 'TIGER US Tech TOP10 INDXX ETF' have surpassed 3 trillion won. According to the Korea Exchange, based on the closing price of the previous day, the net assets of this product are 3.2405 trillion won. It is the largest among US big tech investment ETFs listed in Korea and the only one among domestic ETFs to make it to the top ranks of net assets, alongside interest-type and major US index-type ETFs.
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Mirae Asset Management's US Big Tech ETF, Net Asset Exceeds 3 Trillion - Seoul Economic DailySecurities > Domestic Stock Market News: Mirae Asset Management's 'TIGER US Tech TOP10 INDXX' ETF, which focuses on top US big tech companies...
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'TIGER US Tech TOP10 INDXX' ETF Surpasses 3 Trillion Won in Net Assets…64% Profit - Money TodayMirae Asset Global Investments announced on the 14th that the net assets of the TIGER US Tech TOP10 INDXX ETF (Exchange Traded Fund) have surpassed 3 trillion won. As of the closing price on the 13th, the net assets of the TIGER US Tech TOP10 INDXX stood at 3.2405 trillion won. It is the largest among US big tech investment ETFs listed in Korea. It is also the largest US big tech investment ETF in Asia in terms of net assets. For the past year, profits...
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Korea Investment Management’s 'ACE US Big Tech ETF' Exceeds 700 Billion Won in Net Assets - E TodayKorea Investment Trust Management announced on the 14th that the combined net asset value of its two exchange-traded funds (ETFs) focused on U.S. big tech companies has surpassed 700 billion won.