Shinhan Asset Management Announces Significant Distributions for Palantir Covered Call ETFs
Shinhan Asset Management has announced monthly distributions of 210 KRW and 150 KRW for its 'SOL Palantir Covered Call OTM Bond Mix' and 'SOL Palantir US Treasury Covered Call Mix' ETFs, respectively. Both products leverage a covered call strategy linked to Palantir and US long-term bonds, aiming to capture both capital appreciation and monthly dividend income. Notably, these ETFs have been performing well, with annualized yields of 25.73% and 16.32%, respectively, attracting substantial interest from individual investors.
These ETFs provide an investment opportunity in AI technology companies like Palantir while offering premium from option sales that are not subject to US withholding tax. This aspect allows investors to anticipate higher returns, with the tax advantages serving as a significant benefit. Given these structures, these ETFs deliver a stable income stream even amidst economic uncertainties, thereby proving to be attractive options for investors.
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Shinhan Asset Management: 'Palantir Covered Call OTM Bond Hybrid' ETF Pays 210 KRW per Share - SBS Biz[Provided by Shinhan Asset Management=Yonhap News] Shinhan Asset Management announced today (1st) that its 'SOL Palantir Covered Call OTM Bond Hybrid' and 'SOL Palantir US Treasury Covered Call Hybrid' ETFs are distributing monthly dividends of 210 KRW and 150 KRW per share, respectively, continuing from last month. The annualized distribution rates are 25.73% and 16.32%, respectively. As a monthly dividend strategy product, …
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Shinhan Asset Management "‘Palantir Covered Call OTM Bond Mix’ ETF, pays 210 KRW per share" - EdailyShinhan Asset Management announced on the 1st that its ETFs, ‘SOL Palantir Covered Call OTM Bond Mix’ and ‘SOL Palantir US Treasury Covered Call Mix’, would distribute a monthly dividend of 210 KRW and 150 KRW per share, respectively. According to Shinhan Asset Management, the SOL Palantir Covered Call OTM Bond Mix and SOL Palantir...
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