Mirae Asset Global Investments noted that the total setting amount of its default option dedicated fund surpassed 1 trillion won for the first time among domestic asset management companies on the 14th.
According to the fund evaluation firm Zeroin, as of the 11th of this month, the total setting amount of Mirae Asset Global Investments' default option dedicated fund (Class 0) was recorded at 1 trillion 39 billion won. The default option is a system that is automatically operated in a pre-designated manner when a participant does not select a financial product to manage their retirement pension contribution.
The domestic default option market is sized at 2.8471 trillion won. Among this, 35.26% is occupied by Mirae Asset Global Investments' funds. Son Su-jin, head of the ETF retirement marketing division at Mirae Asset Global Investments, said, “We will continue to do our best to provide products for investors’ stable retirement preparation.”