Mirae Asset Tops Net Individual Purchases on First Day of TIGER SK hynix Single Stock Leverage Listing

Mirae Asset Global Investments announced on the 28th that the newly listed "TIGER SK hynix Single Stock Leverage" attracted significant attention from individual investors on its first day of trading, ranking first among single stock leverage and inverse products in terms of net individual purchases.

According to the Korea Exchange, as of the listing date on the 27th, individual investors recorded a net purchase of approximately 690.9 billion won of TIGER SK hynix Single Stock Leverage. This is the largest net individual purchase among the 16 single stock leverage and inverse products newly listed together. It also marks the highest net individual purchase ever recorded on the listing day of any ETF listed on the domestic stock market.

The unprecedented inflow of individual funds from the very first day reflects expectations for the rapid growth of SK hynix, which is at the core of the artificial intelligence (AI) infrastructure market and leads the global memory market. A Mirae Asset Global Investments representative stated, "It appears that leverage investment demand, seeking more aggressive returns from the rise in individual stock prices, has been concentrated on this product."

Notably, Mirae Asset Global Investments had already secured a large amount of institutional and global funds before the listing, signaling strong interest in advance. In the initial setup stage of these two TIGER single stock leverage products, foreign investors participated with about 329 billion won, ensuring ample liquidity from the outset.

Adopting a cash creation and redemption system—an approach that enhances liquidity and trading efficiency, the most important factors in the ETF market—was also a key factor. Mirae Asset Global Investments applied a structure that utilizes both spot and futures for leverage, while liquidity provider (LP) securities firms operated their hedging trades focusing on futures, substantially reducing transaction costs. As a result, the company is being positively evaluated for providing investors with a stable bid-ask spread and a low tracking error environment. On the same day, the "TIGER Samsung Electronics Single Stock Leverage" also recorded individual net purchases of 278.4 billion won.

Namki Kim, Head of ETF Management at Mirae Asset Global Investments, said, "Both TIGER single stock leverage products are maintaining a very stable tracking error based on their cash creation and redemption structure and overwhelming liquidity." He added, "Low fees and stable tracking error will enhance trading efficiency for investors." He further emphasized, "However, we strongly advise investors to fully understand the characteristics and risks of single stock leverage products before investing."

This content was produced with the assistance of AI translation services.