Launch of Korea's First Cash Parking ETF with Monthly Dividend

Shinhan Asset Management has announced the issuance of the first monthly dividend for its 'SOL CD Interest & Money Market Active' ETF, which is the nation's inaugural cash parking type ETF. The ETF disbursed 180 KRW per share, with an annualized distribution rate of approximately 4.3%. The portfolio primarily consists of Certificate of Deposits (CDs) and short-term bonds, alongside an active strategy that selectively incorporates short-term credit bonds to seek higher returns.
This ETF is particularly advantageous for cash asset management in retirement and tax-advantaged accounts, providing a stable income stream by distributing cash profits on the first business day of each month. The strategy utilizes short-term bond coupons and interest as the main sources of profit. The ability to manage cash assets efficiently in various tax-advantaged accounts makes this a compelling option for investors.
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Korea's First 'Parking Monthly Distribution ETF', How Much Was the Distribution - Financial NewsThe first ETF in Korea combining 'parking' and 'monthly distribution' types recorded its first distribution of 180 KRW. Annualized distribution rate stands at around 4%. According to Shinhan Asset Management on the 6th, 'SOL CD Rate & Money Market Active' paid a distribution of 180 KRW per share on January 2nd, the first business day. Annualized...
Shinhan Asset Management “SOL CD Interest & Money Market Active ETF First Monthly Dividend Payment” - Maeil Business NewspaperShinhan Asset Management announced on the 6th that the 'SOL CD Rate & Money Market Active' ETF, a parking-type monthly dividend exchange-traded fund, has made its first monthly dividend payment. According to Shinhan Asset Management, this product paid a dividend of 180 won per share on January 2, the first business day of the year. The annualized distribution rate is approximately 4.3%. Kim Jung-hyun, head of Shinhan Asset Management's ETF business division, said that the 'SOL CD Interest & Money Market Active ETF' accumulates through short-term bond coupons and interest.
First Monthly Dividend Payment for Korea's First Cash Parking-type Monthly Dividend ETF - Smart Today|Smart Today=Reporter Kim Yoon-jin| Korea's first cash parking-type monthly dividend product, the ‘SOL CD Rate & Money Market Active’ ETF, has made its first monthly dividend payment. According to Shinhan Asset Management on the 6th, a distribution of 180 KRW per share was made on the first business day of January, and the annualized distribution rate is about 4.3%. Kim Jung-hyun, head of Shinhan Asset Management's ETF Business Division,
Shinhan SOL CD Interest Rate & Money Market Active First Monthly Dividend Payment - Digital TimesShinhan Asset Management has introduced the nation's first cash parking type monthly dividend product, 'SOL CD Rate & Money Market Active'...
Shinhan Asset Management, 'SOL CD Rate & Money Market Active ETF' First Monthly Dividend Payout - Metro Newspaper - Valuable Information for Middle Class and Ordinary PeopleShinhan Asset Management announced on the 6th that 'SOL CD Rate & Money Market Active ETF', Korea's first cash-parking monthly dividend product, has paid its first monthly dividend. On the first business day of the new year, January 2nd, a dividend of 180 won per share was paid, with an annualized distribution rate of 4.3%. Jeonghyun Kim, Shinhan Asset Management ETF Business Division
Shinhan Asset Management 'SOL CD Rate & Money Market Active' First Monthly Dividend Payment - E-TodayShinhan Asset Management announced on the 6th that its 'SOL CD Rate & Money Market Active ETF', the first cash parking type monthly dividend product in Korea, has paid its first monthly dividend.
Shinhan Asset Management Announces First Monthly Dividend Payment for 'SOL CD Rate & Money Market Active' - E-DailyShinhan Asset Management announced on the 6th that its ‘SOL CD Rate & Money Market Active’ ETF, the first cash parking type monthly dividend product in Korea, paid its first monthly dividend. The ‘SOL CD Rate & Money Market Active’ distributed 180 won per share on the 2nd, with an annualized distribution rate of 4.3%.
Shinhan Investment Management, First Monthly Dividend for SOL CD Rate & Money Market Active - Money TodayThe SOL CD Rate & Money Market Active ETF, Korea's first cash parking-type monthly dividend product, has paid its first monthly dividend. According to Shinhan Asset Management, a dividend of 180 won per share was paid on the first business day of January, with an annualized distribution rate of 4.3%. Jung-Hyun Kim, head of Shinhan Asset Management's ETF business division, stated, 'The SOL CD Rate & Money Market Active ETF includes short-term bond coupons and interest...'

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