Mirae Asset Lists 'TIGER US Tech NYSE100 Active ETF'

Mirae Asset Global Investments announced on July 21 that it has listed the 'TIGER US Tech NYSE100 Active' Exchange-Traded Fund (ETF) on the Korea Exchange. This ETF invests in leading technology companies driving the US stock market, while flexibly adapting to market changes.

The TIGER US Tech NYSE100 Active ETF is an overseas equity active ETF that uses the NYSE100 Index as its benchmark. It seeks to generate excess returns over the benchmark by investing in innovative US technology companies and by actively adjusting sector and individual stock weights in response to changing market conditions.

Recently, the US stock market has been leading global markets, buoyed by increased investment in artificial intelligence (AI) infrastructure and robust corporate earnings growth. In particular, US tech companies remain at the core of US stock market growth, posting strong performance across the AI ecosystem, including AI semiconductors, data centers, software, and platforms.

The NYSE100 Index, which serves as the ETF's benchmark, has a higher proportion of traditional IT and technology stocks compared to the S&P 500 or the Nasdaq 100. As a result, it more fully captures the growth trajectory of US innovative companies and has delivered outstanding long-term performance.

Moving beyond traditional passive strategies that simply track an index, the TIGER US Tech NYSE100 Active ETF adopts an active approach tailored to evolving technology trends. It dynamically reallocates weights across the full AI value chain—including semiconductors, software, platforms, and data centers—and selectively incorporates core stocks with proven growth potential.

A key advantage of the active ETF is the ability to quickly respond to market changes; for instance, when next-generation AI giants such as Anthropic or OpenAI, which are currently attracting high market expectations, go public in the future, these firms can be immediately added to the portfolio upon listing, capturing the initial share price momentum without having to wait for the scheduled index review.

The main portfolio is expected to include leading AI computing semiconductor companies such as AMD and Intel, core semiconductor equipment firms like ASML, memory and storage companies such as SanDisk, as well as unique AI software companies like Palantir.

Han Sub Jeong, Head of Research Division 2 at Mirae Asset Global Investments, stated, "Innovation by US tech companies is the key driver of long-term growth in the US stock market." He added, "Through active management, the TIGER US Tech NYSE100 Active ETF will flexibly respond to technological change and new investment opportunities, pursuing long-term excess returns."

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