KB Asset Management's RISE Daily Fixed Covered Call ETF Series Surpasses Asset Milestone
KB Asset Management's 'RISE Daily Fixed Covered Call ETF Series' has surpassed the 200 billion KRW mark in net assets just eight months after its launch, marking a significant success in asset management. This ETF series is particularly appealing to individual investors looking for high returns and stable income sources amid high market volatility.
The 'RISE' series consists of diverse products such as the 'RISE US Tech 100', 'RISE US AI Value Chain', and 'RISE US Dividend 100'. Each product is designed with unique investment strategies and index compositions to pursue both income and growth. Targeting major U.S. tech stocks, AI-related companies, and dividend growth stocks, these ETFs utilize a distinctive strategy by fixing the call option sell ratio at 10% of the underlying asset.
Going forward, KB Asset Management plans to expand its ETF offerings by continuously utilizing the fixed covered call strategy. This approach provides customers with a wide range of investment opportunities while also serving as a means to mitigate risk.
Related News
RISE Covered Call ETF Series Reaches 200 Billion Won in Net Assets in 8 Months - Korea Economic DailyRISE Covered Call ETF Series Reaches 200 Billion Won in Net Assets in 8 Months, Reporter: Maeng Jin-kyu, Securities
Net Assets Exceed 200 Billion 'RISE Daily Fixed Covered Call ETF Series', Investment Diverse from Young Generation to Seniors - Hans Economic[Hans Economic = Reporter Choi Cheon-wook] The 'RISE Daily Fixed Covered Call Exchange Traded Fund (ETF) Series', launched by KB Asset Management in September and October last year, is attracting interest from a wide range of individual investors, from the young generation to seniors. KB Asset Management announced on the 18th that the 'RISE Daily Fixed Covered Call ETF Series' surpassed 200 billion won in net assets only 8 months after its launch. The 'RISE Daily Fixed Covered Call' series consists of three types: 'RISE US Tech 100 Daily Fixed Covered Call', 'RISE US AI Value Chain Daily Fixed Covered Call', and 'RISE US Dividend 100 Daily Fixed Covered Call'.
KB Asset Management 'RISE Daily Fixed Covered Call ETF Series' Surpasses KRW 200 Billion in Net Assets - EToday(KB Asset Management) KB Asset Management announced on the 18th that the 'RISE Daily Fixed Covered Call ETF Series' has surpassed KRW 200 billion in net assets just 8 months after its launch.