Shinhan Asset Management's ETFs Record High Annualized Distribution Rates
Shinhan Asset Management's 'SOL Palantir Covered Call OTM Bond Hybrid' and 'SOL Palantir US Bond Covered Call Hybrid' ETFs are gaining attention. These products provide monthly dividends of KRW 210 and KRW 250 per share, with annualized distribution rates reaching 25.4% and 17.6%, respectively. Notably, the 'SOL Palantir US Bond Covered Call Hybrid' saw an increase in its monthly distribution, becoming the highest monthly distribution rate among domestic covered call ETFs.
The ETFs combine investments in Palantir stocks with covered call strategies to pursue both monthly dividends and capital gains. Palantir, an AI-based data platform provider, recently formed a strategic partnership with Nvidia to enhance AI solutions. This collaboration promises to enhance the intrinsic value of the offerings, appealing to investors interested in technology sector advancements.
Moreover, the substantial increase in asset size from KRW 8 billion to KRW 200 billion reflects strong investor interest. Additionally, these ETFs are accessible through pension and retirement savings accounts, thereby widening their potential investor base.
Related ETF
Related News
뉴스핌19 hours ago
Shinhan Asset Management pays 250 KRW per share for SOL Palantir U.S. Treasury Covered Call Mixed ETF - News Pim[Seoul=News Pim] Reporter Kim Ga-hee = Shinhan Asset Management announced on the 3rd that it will pay monthly distributions of 210 KRW and 250 KRW per share for its 'SOL Palantir Covered Call OTM Bond Mixed' ETF and 'SOL Palantir U.S. Treasury Covered Call Mixed' ETF, respectively. Based on the closing price prior to the distribution date
Related ETF
Shinhan Asset Management's SOL Palantir US Treasury Covered Call Mix, Covered Call ETF Monthly Distribution Rate No.1 - Maeil Business Newspaper250 won per share monthly distribution payment
Related ETF
‘SOL Palantir US Treasuries Covered Call Mixed’ to Pay 250 KRW Per Share, Ranked No.1 in Monthly Distribution Rate Among Covered Call ETFs - Financial NewsShinhan Asset Management announced on the 3rd that the 'SOL Palantir Covered Call OTM Bond Mixed' and 'SOL Palantir US Treasuries Covered Call Mixed' ETFs will pay monthly dividends of 210 KRW and 250 KRW per share, respectively. Particularly, the 'SOL Palantir US Treasuries Covered Call Mixed' ETF has increased its average monthly dividend by 100 KRW, ...
Related ETF