'TIGER U.S. Dividend Dow Jones' ETF Surpasses 4 Trillion Won in Net Assets
The Largest U.S. Dividend Stock ETF Listed in Korea
Net Assets Grow by 1.8 Trillion Won This Year
Mirae Asset Global Investments announced on July 16 that the net assets of its "TIGER U.S. Dividend Dow Jones" exchange-traded fund (ETF) have surpassed 4 trillion won.
According to the Korea Exchange, as of the previous day, the year-to-date increase in net assets for the TIGER U.S. Dividend Dow Jones ETF amounted to 1.7822 trillion won. During the same period, net purchases by individual investors reached 921.3 billion won. The ETF's total net assets stand at 4.0181 trillion won, making it the first U.S. dividend stock ETF listed in Korea to exceed the 4 trillion won mark.
The fund’s ongoing inflow of capital is attributed to its product structure, which seeks both monthly dividends and dividend growth. This ETF invests in high-quality dividend-paying U.S. companies and distributes monthly payouts. Based on a strategy that considers both the sustainability and growth potential of dividends, it continues to attract investors interested in stable cash flows, especially amid rising market volatility.
The underlying index is the same as that tracked by the representative U.S. dividend ETF, "Schwab U.S. Dividend Equity ETF (SCHD)"—the Dow Jones U.S. Dividend 100 Index. Since the beginning of the year, the fund has returned 21.6%, outperforming the S&P 500 Index over the same period. Through diversified investments in high-quality companies with steady performance and strong dividend growth capabilities, investors can either reinvest the monthly distributions or use them as cash flow, driving continued long-term investment demand through pension accounts.
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Sangyoul Kim, Head of Global ETF Management at Mirae Asset Global Investments, stated, "Surpassing 4 trillion won in net assets demonstrates that the TIGER U.S. Dividend Dow Jones ETF has become a core investment product in domestic investors' portfolios." He added, "We will continue to support long-term and pension investors seeking stable cash flow and diversified investments in high-quality U.S. companies to build their assets."
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