Mirae Asset s Korean New Deal-themed ETFs top W700b in NAV |
Mirae Asset Group headquarters in Seoul (Mirae Asset Group)
Mirae Asset Global Investments said Friday its five exchange-traded funds investing in stocks dedicated to batteries, biotechnology, internet and gaming sectors have topped 700 billion won ($642 million) in their combined net asset value as of Thursday, two months after their listing.
The ETFs are its signature Tiger suite of products Tiger KRX BBIG K-New Deal ETF, Tiger KRX Bio K-New Deal ETF, Tiger KRX Secondary Battery K-New Deal ETF, Tiger KRX Internet K-New Deal ETF and Tiger KRX Game K-New Deal ETF tracking top-notch stocks of sectors that are expected to become beneficiaries of the nation’s Korean New Deal initiative, the company said.