Mirae Asset Global Investments Launches 'TIGER U.S. AI Big Tech 10 Target Daily Covered Call ETF'

Mirae Asset Global Investments has introduced the 'TIGER U.S. AI Big Tech 10 Target Daily Covered Call ETF' on the Korean Exchange. This ETF seeks high dividend yields and annual distributions of approximately 15% by leveraging the substantial growth potential of AI Big Tech companies. It concentrates investment in 10 robust AI Big Tech stocks such as Apple, Google, Microsoft, and Amazon, maintaining about a 10% covered call option ratio to maximize participation in asset appreciation. Distributions are paid on the 15th of every month, and investors can benefit from bi-weekly payouts if combined with other ETFs.
Simultaneously, special events are being conducted in collaboration with SK Securities and Eugene Investment & Securities to commemorate the ETF's launch. These events aim to enhance customer acquisition and brand awareness. The employed ‘Target Daily Covered Call’ strategy is seen as a favorable approach for conservative investors, optimizing potential stock appreciation. This launch underlines the increased focus and investor interest in AI and tech-driven innovations, contributing to the steady growth trajectory of global tech equities.
Related News
'TIGER US AI Big Tech 10 Target Daily Covered Call ETF' Listed - Financial NewsMirae Asset Management announced on the 15th that it will newly list the 'TIGER US AI Big Tech 10 Target Daily Covered Call ETF' on the Korea Exchange. This ETF is a monthly dividend ETF that aims to pursue high levels of distribution income while following the growth potential of AI big tech through a target daily covered call strategy. The target covered call strategy aims to minimize the proportion of options sold by targeting the annual premium...

Mirae Asset Management, New Listing of US AI Big Tech Covered Call ETF - Korea Financial NewsMirae Asset Management announced on the 15th that it will newly list the 'TIGER US AI Big Tech 10 Target Daily Covered Call ETF'. This product is a monthly dividend ETF that seeks high levels of distribution while following the growth potential of AI big tech through a target daily covered call strategy. The target covered call strategy is an investment strategy that minimizes the option selling ratio to target an annual premium, maximizing participation in the rise of underlying assets. By selling options daily, as with this ETF, a relatively high premium can be expected. This ETF lowers the option selling ratio to about 10% and focuses on the AI big tech market.
Mirae Asset AI Covered Call ETF... Focused on Top 10 Investments Including Apple and MS - Korea Economic DailyMirae Asset AI Covered Call ETF... Focused on Top 10 Investments Including Apple and MS, Reporter Choi Man-soo, Securities
Mirae Asset to List 'TIGER US AI Big Tech 10 Target Daily Covered Call' ETF - Korea Economic DailyMirae Asset to list TIGER US AI Big Tech 10 Target Daily Covered Call ETF, invests in 10 stocks in AI platforms, semiconductors, and cloud, including Apple, Google, Microsoft, and Amazon
Mirae Asset Lists TIGER US AI Big Tech 10 Target Daily Covered Call - Money TodayMirae Asset Global Investments announced on the 15th that it will newly list the 'TIGER US AI Big Tech 10 Target Daily Covered Call' ETF (exchange-traded fund) on the Korea Exchange. The 'TIGER US AI Big Tech 10 Target Daily Covered Call' ETF is a monthly dividend ETF that seeks high distribution levels while following the growth potential of AI big tech through a target daily covered call strategy.
TIGER US AI Big Tech 10 Target Daily Covered Call ETF Launch “Following AI Growth with Dividends” - Energy EconomyMirae Asset Global Investments announced on the 15th that it will newly list the 'TIGER US AI Big Tech 10 Target Daily Covered Call ETF' on the Korea Exchange. 'TIGER US AI Big Tech 10 Target Daily Covered Call..