Shinhan Asset Management Launches New Dividend Reinvestment ETF
Shinhan Asset Management has launched a new exchange-traded fund (ETF) called 'SOL U.S. Dividend Dow Jones TR'. This ETF has garnered significant attention due to its strategy of reinvesting dividends within the index, seeking to maximize total returns rather than distributing dividends. It is the fourth product in Shinhan's popular U.S. Dividend ETF series, which is particularly favored by retirement investors. The ETF is based on the Dow Jones U.S. Dividend 100 Index.
The index boasts a dividend yield of 3.29% and a growth rate of 11.5%, demonstrating strong defensive capabilities even in volatile market conditions. Specifically designed to cater to the investment needs of the 2030 generation, this product presents itself as an appealing option for young investors.
Adopting a Total Return (TR) model that reinvests dividends instead of direct payouts offers tax deferral benefits, providing a cost-effective solution for investors aiming for tax efficiency. This strategy sets it apart from Samsung Asset Management, which has adjusted its dividend payout schedule to monthly distributions to meet investor cash demand.
Related ETF
Related News
Let's Catch ETF Individual Investors... Asset Managers in Dividend War - Korea Economic DailyLet's Catch ETF Individual Investors... Asset Managers in Dividend War, Various Distribution Payment Methods To Receive Twice Monthly, Choose Mid-month Dividend If You Want Compound Interest Effect, Reinvest ETFs
조선일보2024 10月 08
Shinhan Asset Management, Lists New 'US Dividend Dow Jones TR' ETF that Reinvests Dividends - Chosun IlboShinhan Asset Management announced on the 8th that it will list the SOL US Dividend Dow Jones Total Return ETF in the stock market. The SOL US Dividend Dow Jones TR ETF reinvests dividends received monthly.
TIMEFOLIO Monthly Dividend ETF 'Korea Plus Dividend Active' Special Dividend Issuance - MoneyTodayTIMEFOLIO Asset Management announced on the 8th that their flagship monthly dividend product, 'TIMEFOLIO Korea Plus Dividend Active', will issue its second special dividend this year at the end of this month. This product, which pays a monthly dividend of 0.5%, issued a 1% special dividend last June. They are currently reviewing ways to increase the dividend amount for the second special dividend to be paid this month compared to last June. The factors that enabled stable monthly and special dividends are...
Related ETF
'SOL U.S. Dividend Dow Jones TR' ETF Newly Listed - Korea EconomySOL U.S. Dividend Dow Jones TR ETF newly listed, automatic monthly dividend reinvestment by Shinhan Asset Management, maximizing compound effect
Compounding Effect and Tax Deferral Benefits...SOL US Dividend Dow Jones TR Listed - Money TodayThe first dividend reinvestment product among US Dividend Dow Jones ETFs (Exchange Traded Funds) is being listed. Shinhan Asset Management announced that the 'SOL US Dividend Dow Jones TR' ETF was listed on the 8th. The SOL US Dividend Dow Jones TR reinvests dividends that occur monthly into the index instead of distributing them to investors. The 'TR' in the product name stands for Total Return, indicating it reflects both price changes and dividend reinves...
Related ETF