ARIRANG High Dividend ETF's Asset Growth Doubles
The net assets of Hanwha Asset Management's flagship high dividend exchange-traded fund (ETF), 'ARIRANG High Dividend', have doubled this year, reaching KRW 400 billion. This fund includes high dividend stocks expected to have the top 30 dividend yields among the top 200 market-valued stocks, recording a 40.2% yield over the past year. Major holdings include Woori Financial Group, IBK Industrial Bank, Tongyang Life Insurance, and Hyundai Marine & Fire Insurance.
Amid expectations of interest rate cuts, changes in bank customers' portfolios are deemed necessary. Representative investment products include long-term time deposits, hybrid capital securities offering 3.9% interest, real estate infrastructure high dividend ETF with expected annual dividends of over 6%, and gold whose demand has increased due to anticipated rate cuts. Gold, in particular, has recently seen its price surge, contributing to its appeal as a long-term investment.
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ARIRANG High Dividend ETF Surpasses 400 Billion Won in Net Assets - Financial NewsHanwha Asset Management's flagship high dividend exchange-traded fund (ETF) has reached 400 billion won in net assets. It has increased by 200 billion won just this year. According to the Korea Exchange on the 7th, the total net assets of 'ARIRANG High Dividend' amounted to 400 billion won as of the 4th. It has doubled from 200 billion won at the beginning of the year in just six months. Listed on the stock market in August 2012, this product is the largest among domestic high dividend ETFs. ..
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