Shinhan Asset Management's 'SOL High Dividend ETF' Gains Attention
Shinhan Asset Management's 'SOL Financial Holding Plus High Dividend ETF' is gaining significant attention in the financial markets. This ETF has surpassed 100 billion won in net assets, solidifying its position as a major investment option within the financial sector. By focusing investments on financial holding companies, the ETF offers attractive dividend yields, which has led to substantial interest from individual investors and bank customers. The new government's corporate law amendment and initiatives to boost financial investment have created a favorable backdrop for this sector.
Comprising 10 major financial holding companies, the ETF has seen approximately 40 billion won inflow over the past month. Driven predominantly by net buying from individual investors and bank clientele, these groups have shown a marked strength in the stock market. The ETF's annualized dividend yield stands at 5.66%, and it is enhancing its earnings per share and growth foundation through quarterly dividends and share buybacks and cancellations. Shinhan Asset Management anticipates that policy deregulation could act as a catalyst for improving profit margins.
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Shinhan Asset Management 'Financial Holding Plus High Dividend ETF' Surpasses 100 Billion Won in Net Assets - EdailyShinhan Asset Management announced on the 25th that the net assets of the 'SOL Financial Holding Plus High Dividend' ETF have surpassed 100 billion won. The retail demand has significantly increased after the new government took office, leading to an influx of about 40 billion won in the past month. Among this, individual investors accounted for about 17 billion won, and bank customers...
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