Mirae Asset Global Investments, a top asset manager, is set to introduce an equal-weight exchange-traded fund, emphasizing a well-balanced investment approach for its clients. The Tiger US S&P-500 Equal Weight ETF will debut on the Korea Exchange, tracking the stocks of 500 leading companies listed on the S&P-500 index with equal weighting, in contrast to the market cap-weighted approach commonly used in ETF products. Nathan Nam-ki Kim, the Chief Officer of Mirae Asset Global Investments, highlighted that this will be the first equal-weight ETF tracking the S&P-500 in Asia, offering a unique investment opportunity. Unlike traditional ETF products, the Tiger US S&P-500 Equal Weight ETF will rebalance its portfolio every quarter, aiming to maximize the 'buy low, sell high' strategy. Additionally, the asset manager suggested that investors allocate 70 percent of their investments in market-weight ETFs and 30 percent in equal-weight ETFs to achieve a balanced portfolio. With an initial size of 100 billion won, this ETF is expected to be the largest of its kind in Korea, presenting potential benefits in a rate-cut cycle and times of high volatility.