Korea Investment Management Launches New ETF Accumulation Fund
Korea Investment Management has launched a new ETF product named 'Korean Income ETF Accumulation Fund'. This fund is designed to assist investors who find direct ETF investment challenging by allowing diversified investments across various ETFs, aiming for stable returns. A significant feature of this fund is its monthly rebalancing that allows it to adapt flexibly to market changes.
Each sub-fund utilizes diverse strategies including covered call, high yield, high dividend, and bonds, emphasizing consistency and returns of the portfolio. Investors can choose among four sub-fund options, including a monthly dividend option. The redemption cycle is set at 4 business days, targeting to guide investors more stably through a variety of investment options and low volatility.
Currently, subscriptions are available through Korea Investment & Securities, Kyobo Securities, and KB Securities, with an annual management fee set at 0.20%. This new fund presents an attractive option for investors interested in ETFs.
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