Korea Investment Management's Covered Call ETFs Achieve 15.07% Average Distribution Rate Over the Year
Korea Investment Trust Management announced that its covered call ETFs have achieved an average distribution rate of 15.07% over the past year. These ETFs, namely ACE US500 Daily Target Covered Call, ACE US Semiconductor Daily Target Covered Call, and ACE US Big Tech 7+ Daily Target Covered Call, are designed for monthly distributions, ensuring consistent income streams. The distribution rate for April stood at 1.25%, with annual rates ranging between 15.03% and 15.10%.
The accumulated distribution amounts are reported as 1,591 KRW for ACE US500, 1,550 KRW for ACE US Semiconductor, and 1,705 KRW for ACE US Big Tech 7+. Implementing daily options and a synthetic design structure, these ETFs have demonstrated impressive distribution performance, attributed to their indexes comprising US large-cap, semiconductor, and big tech stocks.
Investors can anticipate growth from the underlying indices composed of major US stocks, benefiting from the use of 0DTE options to secure regular dividend income. These ETFs by Korea Investment Trust Management stand out as an appealing choice for those seeking high yields combined with stability.
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Hanwha Investment & Securities ACE Covered Call ETFs 3 Types, Average Distribution Rate of 15% in the Past Year - meconomynews.comHanwha Investment & Securities announced on the 14th that three of its covered call exchange-traded funds (ETFs) recorded an average distribution rate of 15.07% over the past year. The three covered call products managed by Hanwha Investment & Securities include the ACE US 500 Daily Target Covered Call, ACE US Semiconductor Daily Target Covered Call, and ACE US Big Tech 7+ Daily Target Covered Call. All three products, which drew attention last April for using daily options (0DTE) in their covered call strategy, are listed on the KOSPI market. The three ETFs distribute dividends monthly and are set to pay their 12th dividend on the 17th of this month. As of the 11th, the ACE ETF website
Korea Investment Management's 'ACE Covered Call ETF' 3 types record an average distribution rate of 15% over the past year - Metro NewspaperKorea Investment Trust Management announced on the 14th that its three covered call ETFs recorded an average distribution rate of 15.07% over the past year. These ETFs were listed on the securities exchange in April last year: ▲ACE US 500 Daily Target Covered Call (Synthetic), ▲ACE US Semiconductor Daily Target Covered Call (Synthetic), ▲
Hanwha Investment & Securities "Covered Call ACE ETF Trio Achieves Average 15% Yield Over Past Year" - E TodayHanwha Investment & Securities announced on the 14th that its three covered call exchange-traded funds (ETFs) recorded an average yield of 15.07% over the past year. The ACE ETF from Hanwha Investment & Securities.