Launch of New ETFs and Guidebook for Gifting to Children
Launch of New ETFs and Guidebook for Gifting to Children
The upcoming 'RISE Palantir Fixed Tech 100' and 'RISE Tesla Fixed Tech 100' ETFs aim to invest mainly in innovative technology stocks. With a focus on companies like Tesla and Palantir, KB Asset Management claims these ETFs could potentially offer returns and stability superior to market indices. These ETFs leverage the high interest and potential in technology stocks to offer new opportunities for investors. Samsung Asset Management has published a guidebook to utilize ETFs as a long-term gifting strategy to children, underlining the tax-exempt benefits. The 'KODEX Gifting Guidebook' includes provisions to gift up to 20 million KRW every ten years to children under 19, and up to 50 million KRW to adult children, tax-free. This guidebook presents effective investment methods and action plans to maximize tax benefits and is available for free on the official Samsung Asset Management website.
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