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Mirae Asset Unveils Groundbreaking Global ETF for Diversified Investment Across 48 Countries

Mirae Asset Global Investments Introduces Innovative Global ETF

Mirae Asset Global Investments is set to revolutionize the investment landscape with the launch of the TIGER Total World Stock Active Exchange-Traded Fund on June 24. This pioneering product offers investors unparalleled access to global equity markets, marking a first for South Korea.

Kim Nam-ki, head of the ETF management division at Mirae Asset Global Investments, speaks at a press briefing on June 23.

Comprehensive Exposure to Global Markets

The ETF is benchmarked against the FTSE Global All Cap Index, encompassing over 10,000 stocks from 48 countries. This includes both developed and emerging markets, covering about 98% of the global equity universe. With a balanced U.S. to non-U.S. holdings ratio, it promises diversified investment opportunities.

Expert Insights on Global Diversification

Kim Nam-ki emphasized the necessity of global diversification, noting the end of U.S. market dominance. The ETF's strategic approach includes investing in ETFs for emerging market small-cap stocks to mitigate higher transaction costs, with an annual expense ratio of just 0.25%.

Growing Appeal of Global Equities

Emerald Yau highlighted the outperformance of global equities over U.S. stocks, attributing this to higher dividend yields and lower volatility. The significant inflows into FTSE index-tracking funds underscore the strong demand for diversified portfolios.