Overview
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Description
The Mirae Asset Tiger TDF2045 ETF is a type of exchange-traded fund designed with a target date of 2045. Its primary function is to provide investors with a structured investment option that evolves over time as the targeted retirement date approaches. This ETF typically shifts its asset allocation gradually from a growth-oriented strategy focusing on equities to a more conservative approach emphasizing fixed-income securities as the target year draws nearer. It is part of the broader trend of lifecycle or target-date funds that cater to long-term investors planning for retirement or other future financial goals. By offering a diversified portfolio that adjusts its risk profile over time, the Mirae Asset Tiger TDF2045 ETF plays a significant role in the investment market for those seeking a hands-off, long-term investment vehicle with reduced risk near the retirement horizon.
About
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Instrument type
ETF
Country
South Korea
MIC code
XKRX