Mirae Asset Management's 'TIGER U.S. Indices ETFs' Set Record Low Fees
Mirae Asset Management announced that its 'TIGER U.S. S&P500 ETF' and 'TIGER U.S. Nasdaq100 ETF' have recorded the lowest actual fee burdens among equivalent domestic ETFs. The fee burdens for these ETFs stand at 0.1265% and 0.1531%, respectively, drawing significant attention from investors. Despite the S&P500 and Nasdaq100 indices experiencing losses, these ETFs demonstrated resilience with performances of -2.647% and -3.697% respectively.
Mirae Asset Management is reducing fees to offer more reasonable investment opportunities, drastically lowering annual management fees. This cost reduction contributes to improving fund returns and aligns with the company's vision of becoming Asia's largest ETF provider. The low fee burden is also an essential consideration for investments within pension accounts. Mirae intends to maintain its policy to minimize investor costs further to reduce investor burden.
Related ETF
Related News
'TIGER US Major Index ETF' Records Lowest Actual Cost Compared to Similar Funds as of End of February - Business PlusEven amid the U.S. stock market adjustments, Mirae Asset Global Investments announced on the 20th that as of the end of February, the 'TIGER US Major Index Exchange Traded Fund (ETF)' showed the most effective market defense with low actual cost burden and large fund size. According to the Korea Financial Investment Association, the actual cost of the 'TIGER US S&P500 ETF' was 0.1265% as of the end of February, the lowest among domestically listed S&P500 investment ETFs. Similarly, the 'TIGER US Nasdaq100 ETF' recorded the lowest at 0.1531% compared to similar funds. Actual cost refers to the total expense incurred during the fund management process.
Related ETF
Mirae Asset 'TIGER US Index ETF' Has the Lowest Effective Cost - Daily NewsMirae Asset Global Investments' 'TIGER US Index' ETFs recorded the lowest effective cost compared to similar funds as of the end of February. According to the Korea Financial Investment Association on the 20th, the effective costs of 'TIGER US SP500' and 'TIGER US Nasdaq100' at the end of last month were 0.1265% and 0.1531%, respectively. This is the lowest level among similar domestic listed funds. Effective cost
Related ETF
Mirae Asset: 'TIGER U.S. Benchmark Index ETFs have the lowest actual cost compared to similar funds' - EtodayMirae Asset Global Investments announced on the 20th that two 'TIGER U.S. Benchmark Index Exchange-Traded Funds (ETFs)' recorded the lowest actual costs compared to similar funds, as of the end of last month.
Related ETF
뉴스핌2025 3月 20
TIGER U.S. Representative Index ETF Records Lowest Actual Cost Compared to Similar Funds - Newspim[Seoul=Newspim] Reporter Lee Seok-hoon = Mirae Asset Global Investments announced on the 20th that the two types of TIGER U.S. Exchange Traded Funds (Representative Index) ETFs recorded the lowest actual costs compared to similar funds. According to the Korea Financial Investment Association, as of the end of February, the actual cost of the TIGER U.S. S&P 500 ETF is 0.
ETF Fee Competition...Which Product Has the Lowest Actual Cost? - SmartToday|SmartToday=Kim Yoon-jin| As the competition for ETF fees intensifies, there is growing advice that, beyond simple fees, investors should consider the actual cost by assessing other expenses incurred during fund management and the combined rates of trading and brokerage fees. As of the end of February, Mirae Asset Global Investments reported on two types of 'TIGER U.S. Representative Index ETFs'.
Related ETF