Korean Asset Management Firms Announce Monthly Dividend ETFs
Samsung Asset Management has announced the expected November dividends for 25 KODEX monthly dividend ETFs, with distributions set for December 2. The detailed returns include KRW 167 per share for KODEX Nasdaq 100 Daily Covered Call OTM and KRW 154 per share for KODEX Financial High Dividend TOP10 Target Weekly Covered Call. The disparity in dividends is indicative of the diverse options available to investors.
Mirae Asset Global Investments has also disclosed specific dividend details for November's TIGER Monthly Dividend ETFs. Notably, the TIGER Dividend Covered Call Active stands out with the highest payout of KRW 255 per share. The strategy to attract investors with varied dividends and rates across different ETFs emphasizes a commitment to maximizing client returns.
KB Asset Management has disseminated the forecasted dividends for its RISE Monthly Dividend ETFs. The RISE200 Weekly Covered Call offers KRW 160 per share, with each ETF presenting different policies to create diversification. As asset managers, the overarching aim appears to be strengthening their market presence by offering a broad array of investment choices.
KIWOOM ETF Demonstrates Stability Amid Market Volatility
KIWOOM Asset Management's 'KIWOOM America Tech 100 Monthly Target Hedge Active ETF' has recorded positive returns despite the high volatility in the U.S. tech market. While the NASDAQ 100 index has been on a downtrend recently, this ETF achieved impressive returns of 2.89% over one month and 10.35% over three months. The success of this performance lies in its portfolio insurance strategy which automatically adjusts the balance between stocks and bonds based on market conditions to minimize losses and aim for stable gains.
This ETF merges characteristics of equity and bond investments, pursuing the profitability of rising tech stocks while safeguarding against losses due to market volatility. Additionally, the newly listed 'KIWOOM America Large Cap 500 Monthly Target Hedge Active' is also displaying similar achievements, defending against declines. This strategic approach contributes to reducing volatility and maximizing investment returns over the long term.
Hedge Fund Strategy ETFs Outperform S&P500
ETFs utilizing global hedge fund strategies are showing remarkable performance. Goldman Sachs's GVIP ETF has risen by 21.28% this year, surpassing the S&P500 index's 15.29%. This success comes from investing in 50 stocks heavily held by the top 10 hedge funds, effectively leveraging market volatility.
Another standout is the Convergence Long/Short Equity ETF (CLES), based on a long-short strategy, which has gained 17.68%. Such strategy-focused ETFs provide investment opportunities suited for various market conditions and are characterized by more aggressive and volatile management, unlike traditional market indices.
Despite these strategy-focused ETFs posting high yields, investors must remain cautious of the performance variability due to their management style and the high fees associated. These aspects will be critical factors in making informed investment decisions.
KB Asset Management to Launch 'Dohak Ant' Themed ETF
KB Asset Management is set to launch the 'RISE Dohak Ant' ETF, focusing on the top domestic stock purchases by individual investors, next month. The ETF will incorporate key net purchaser stocks such as SK Hynix and Doosan Enerbility and periodically rebalance to align with the latest investment trends.
The launch of this ETF also serves as a homage to the trend during the 2020 COVID-19 pandemic, where individual investors significantly increased their purchase of domestic stocks in response to foreign sell-offs, coining the term 'Dohak Ant Movement.' Similar in design, Samsung Asset Management's 'Sohak Ant ETF,' which focuses on US stocks favored by Korean individual investors, has already found success in the market. Thus, this new ETF represents a tailored approach to better reflect individual investment preferences.
Ranking
Explorer
ETF LAB Inc. | CEO: Sejong Kim
7411, Korea Advanced Institute of Science and Technology (KAIST), 85 Hoegi-ro, Dongdaemun-gu, Seoul, Republic of Korea (Cheongnyangni-dong)
For inquiries: servicedesk@k-etf.com
Business Registration Number: 196-81-03476
Customer Service: +82-2-6401-3421
The information provided by K-ETF is solely for informational purposes and may contain errors, delays, or omissions due to unavoidable circumstances. We do not assume any legal or financial responsibility for the outcomes of users' investments, so please exercise caution when using this information.