Four New ETFs Launch on Korea Exchange on July 21, Tracking U.S. Tech, Biotech, Bonds, and Smart Cars

According to Korea Exchange, four new exchange-traded funds will launch on the KOSPI market on July 21. Mirae Asset will introduce TIGER U.S. Tech NYSE100 Active, tracking the top 100 U.S. technology companies listed on NYSE. Korea Investment will offer ACE K-Bio Kosdaq Active, investing in Kosdaq-listed biotech, cosmetics, and medical device firms. IBK Asset Management will launch IBK Short-term Bond Active, focusing on treasury bills, monetary stabilization bonds, and corporate commercial paper. BNK Asset Management will introduce BNK Smart Car, a passive fund investing in 20 domestic companies linked to intelligent vehicles that integrate IT and automotive technology.
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