Mirae Asset Global Investments' exchange-traded fund (ETF) brand "TIGER" has surpassed a net worth of 70 trillion won.

In February 2024, to commemorate the ‘TIGER US Nasdaq 100 ETF’ surpassing 100,000 won, a congratulatory image is displayed on the Nasdaq Tower electronic bulletin board in New York, USA. / Courtesy of Mirae Asset Global Investments

According to the Korea Exchange, as of the close on the 25th, the total net worth of 213 TIGER ETFs amounted to 70.0751 trillion won. Following the surpassing of 60 trillion won in November last year, investment funds have been steadily flowing in this year, exceeding 70 trillion won.

Mirae Asset Global Investments noted that it has achieved excellent results, particularly in discovering overseas investment products. It has grown "TIGER U.S. S&P 500 ETF" and "TIGER U.S. Nasdaq 100 ETF" into the largest scale in Asia and has recently diversified investment locations to countries such as China and India. It introduced the "TIGER Total World Stock Active ETF," which diversifies investment across the global stock market, and the "TIGER China Tech TOP 10 ETF," which focuses on high-quality Chinese tech stocks.

As of the 25th, among the total net worth of 50 trillion won in overseas investment ETFs listed in Korea, the net worth of TIGER ETFs is 25.3 trillion won, holding a dominant first place.

Mirae Asset Global Investments reported that not only equity ETFs but also bond-type ETFs have driven the growth of TIGER ETFs. The newly listed "TIGER Money Market Active ETF" surpassed a net worth of 1 trillion won in just two months after its listing, and the "TIGER Comprehensive Bond (AA- and above) Active ETF" has recently exceeded a net worth of 1 trillion won, receiving love calls from institutional investors based on its stable performance.

Currently, Mirae Asset Global Investments manages a total of 217 trillion won in ETFs worldwide. This is larger than the entire ETF market in Korea and ranks 12th among global ETF management companies. Over the past 10 years, the average annual growth rate of global ETF management companies has been 18.3%, while Mirae Asset Global Investments recorded a growth rate of 35.1% during the same period.

Mirae Asset Global Investments announced that it plans to continue strengthening its role as a long-term investment partner for investors' successful asset management and peaceful retirement. As of the 25th, the total asset under management (AUM) held by individual investors in all domestic ETFs is approximately 62 trillion won, with TIGER ETFs accounting for 27 trillion won, or about 43% of the total.

Kim Nam-ki, head of the ETF management department at Mirae Asset Global Investments, said, "Mirae Asset Global Investments has focused on developing competitive products based on the philosophy of long-term pension investment and innovative growth," adding, "We will continue to repay the love shown to TIGER ETFs and faithfully fulfill our role as a long-term investment partner while uncovering innovative products as a 'global top tier' ETF management company."