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Mirae Asset’s TIGER Nasdaq 100 ETF crosses $2.8 bn in net assets

Korea Economic Daily LogoKorea Economic Daily8h ago

Mirae Asset’s TIGER Nasdaq 100 ETF crosses $2.8 bn in net assets - Korea Economic Daily

Quick Summary:

South Korea's Mirae Asset Global Investments said on Tuesday that that its TIGER Nasdaq 100 ETF has become the second US-focused ETF listed in South Korea to surpass 4 trillion won ($2.84 billion) in net assets.

The TIGER Nasdaq 100 ETF has attracted robust interest from individual investors, who purchased a net 517 billion won ($391 million) year-to-date, the largest figure among Nasdaq 100 ETFs in South Korea.

It follows the TIGER S&P 500 ETF, which earlier this month became the first overseas equity ETF in South Korea to surpass 5 trillion won in net assets.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 10:54:41 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 168 words

Reading Time: 1 minutes read

Sentences: 15 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 23563080

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Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 17 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: ago

Coverage Areas: South Korea

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Publisher ID: #91

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