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ETF
Mirae Asset TIGER Hyundai Motor Group+ ETF is an exchange traded fund launched and managed by Mirae Asset Global Investments Co., Ltd. It invests in the public equity markets of South Korea. The fund seeks to invest in the stocks of companies operating in the motor and heavy industries sectors, which are a part of Hyundai Group. It invests in the stocks of companies across all market capitalizations. The fund seeks to replicate the performance of the MKF Hyundai Motor Group+ FW Index, by investing in the stocks of companies as per their weightings in the index. It was formerly known as Mirae Asset MAPS TIGER Hyundai Motor Group+ ETF. Mirae Asset TIGER Hyundai Motor Group+ ETF was formed on March 9, 2011 and is domiciled in South Korea.
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