Mirae Asset Asset Management said on Feb. 27 that net assets of its TIGER KOSDAQ 150 ETF have surpassed 2 trillion won.
The Korea Exchange said net assets of the TIGER KOSDAQ 150 ETF stood at 2.29 trillion won at the closing price on Feb. 26.
Net assets increased by 1.96 trillion won this year, expanding about sevenfold. The return over the same period was 36.15 percent, and net buying by retail investors was tallied at 799.5 billion won.
The TIGER KOSDAQ 150 ETF is a product that invests in a diversified portfolio of 150 stocks representing the KOSDAQ market. It includes key KOSDAQ growth industries such as biotech, secondary batteries, semiconductor materials, parts and equipment, and robots, reflecting the market's overall growth potential.
Eui-hyeon Jeong (정의현), head of ETF Management at Mirae Asset Asset Management, said, "The KOSDAQ market is at the centre of policy benefits and changes in the industrial structure."
Sang-yeop Oh
yub@d-today.co.kr