An ETF That Invests 100% in Retirement Accounts, Including Samsung Electronics, SK hynix, and U.S. Treasuries, Has Launched

[Financial News] Mirae Asset Global Investments Co., Ltd. said on the 25th that it had newly listed the 'TIGER Samsung Electronics SK hynix US Treasury Bond Mix 50 ETF' on the Korea Exchange.
The product is a bond-mixed exchange-traded fund (ETF) that invests 25% each in Samsung Electronics and SK hynix, with the remaining 50% allocated to Treasury bills (T-bills) with maturities of one year or less. It is designed to let investors hold dollar assets while also investing in the growth potential of Korea's leading semiconductor companies, driven by expanding AI infrastructure investment and rising demand for high-performance memory.
Unlike existing bond-mixed ETFs tied to Samsung Electronics and SK hynix, which use won-denominated bonds, this fund stands out by including U.S. short-term government bonds. Half of its total assets are dollar assets, allowing investors to gain exposure to both domestic stocks and dollar-denominated assets at the same time. In periods of global risk aversion, it may also help cushion some of the volatility in Korean stocks if the won weakens and the dollar strengthens.
It also seeks interest income from U.S. short-term government bonds. As of the 24th, the won–dollar exchange rate stood at around 1,380 won, down about 12% from its peak of 1,561 won. While the federal funds rate in the U.S. remains higher than Korea's, interest income from U.S. Treasuries is used as a major source of monthly distributions. By limiting the remaining maturity of the bonds to a maximum of one year, the fund also reduces price sensitivity to interest-rate changes compared with long-term bonds.
Another key feature is that it can be invested in 100% through retirement pension accounts. Because it is classified as a bond-mixed ETF, it is not subject to the limit on risky assets. If a retirement pension account holds risky assets such as stock ETFs up to the 70% cap and invests the remaining 30% in this product, the overall equity exposure of the account, including the Samsung Electronics and SK hynix weights inside the fund, can be raised to as much as around 85%.
"The TIGER Samsung Electronics SK hynix US Treasury Bond Mix 50 ETF pursues global asset allocation by holding dollar assets alongside won assets, taking into account the long-term retirement planning needs of pension accounts," said Kim Dong-myeong, head of the bond ETF division at Mirae Asset Global Investments Co., Ltd. "Given the won–dollar exchange rate of 1,380 won and the 3.82% yield on U.S. short-term government bonds as of the 24th, even if the exchange rate falls to around 1,329 won, interest income can offset losses from the weaker currency," he added. "Because it can be invested in up to 100% in retirement pensions, it will be an effective asset-allocation tool for long-term pension investors seeking both the growth of leading Korean companies and dollar assets."
[email protected] Choi Doo-sun Reporter