Investment in Global Tech Sector
Mirae Asset Global Investments announced that the company will launch an ETF which invests in the 4th Industrial Revolution related companies worldwide and to hold events for trading customers.
The “TIGER Global 4th Industry Innovation Technology ETF” invests in global companies such as those in the US, Europe and Asia, which are competitive in the key areas of technology change related to the 4th Industrial Revolution.
In the meantime, there were ETFs that were invested in some IT or health care sectors in relation to the 4th Industrial Revolution, but they were limited to Korean stocks or concentrated on some sectors.
TIGER Global 4th Industry Innovation Technology ETF is Korea’s first ETF that invests in 4th industrial revolution companies around the world. Via this EFT investing in a total of 200 stocks, investors can invest in global fourth-generation industrial revolution companies, preventing the risk of investing in individual stocks. The ETF uses the Morningstar Exponential Technologies Index as the base index.
The index selects global stocks based on nine innovative technology themes -- big data and analysis, nanotechnology, medical and neuroscience, network and computer systems, energy and environmental systems, robotics, 3D printing, bioinformatics and financial services innovation.