Mirae Asset's 3 flagship US ETFs draw over W1tr in retail net purchases in past month

Mirae Asset Global Investments announced Tuesday that retail net purchases of three flagship US-focused ETFs — TIGER US S&P500, TIGER US NASDAQ100 and TIGER US Dividend Dow Jones — topped 1 trillion won ($707 million) over the past month.

According to Korea Exchange data as of Friday, retail investors net purchased 609.9 billion won worth of TIGER US S&P500 over the past month. TIGER US NASDAQ100 and TIGER US Dividend Dow Jones drew net purchases of 298.8 billion won and 133.1 billion won, respectively, bringing the combined total to 1.04 trillion won. The three ETFs' cumulative retail net purchases since the start of the year reached 7.1 trillion won, surpassing last year's full-year figure of 5.16 trillion won.

TIGER US S&P500 ranked first among all ETFs in retail net purchases over the past month, attracting 609.9 billion won in retail inflows.

The steady flow of funds into these ETFs reflects their stability and diversification benefits. Broad US benchmark indexes, which carry relatively low concentration in any single sector or stock, have shown comparatively steady performance.

Their growing role as core assets in pension investment has also supported net purchases, with regular installment-based buying flowing in consistently. The three ETFs' combined net assets stand at around 37 trillion won.

"The rise in retail net purchases of these three flagship US ETFs reflects demand for diversified exposure to long-term, proven benchmark indexes rather than short-term sector bets amid volatile markets," said Kim Sang-yul, head of the global ETF management division at Mirae Asset Global Investments. "We will do our best in managing our products so that investors can secure long-term investment opportunities through global quality assets."