Overview
Description
The Mirae Asset Tiger Gold ETF is an exchange-traded fund designed to provide investors with a convenient means of gaining exposure to the gold market. The primary function of this ETF is to track the performance of gold prices, offering a way for investors to potentially hedge against inflation or currency fluctuations. As a financial asset, the ETF invests in gold bullion, holding it in trust, which allows market participants to indirectly own physical gold without the complexities of storage or security.
The participatory nature of the Mirae Asset Tiger Gold ETF makes it particularly significant in the commodities market, serving both individual and institutional investors seeking diversification in their portfolios. Given its reliance on the intrinsic value of gold, this ETF is often utilized in strategies that aim to preserve capital during periods of economic uncertainty. Its presence in sectors like finance and commodities underscores its role as a risk management tool and a mechanism for capital protection. Mirae Asset's expertise in financial innovation further enhances the ETF's market standing, providing a reliable means for engaging with the gold asset class.
About
Address
—
Phone
—
Website
—
Instrument type
ETF
Country
South Korea
MIC code
XKRX