Korean Covered Call ETFs and Mirae Asset's Platform Integration
Covered call ETFs have recently gained popularity in the Korean market, particularly those that generate income by selling KOSPI 200 call options. Samsung Asset Management's covered call ETFs have experienced rapid growth, leading to an increase in the volume of options sold and consequently causing a decline in option premiums, which has been critiqued as a drawback. In contrast, Mirae Asset Management has not launched any domestic covered call ETFs, indicating a recognition of the structural limitations of the Korean options market. Over the long term, it is observed that covered call ETFs tend to underperform their original counterparts both in the U.S. and Korea.
Mirae Asset Management has revamped its official website and the 'TIGER ETF' site into a unified platform to enhance operational efficiency. The newly integrated domain features user-friendly design, enabling investors to approach investment themes more intuitively. Additionally, by incorporating an AI assistant, the platform offers personalized investment information, improving user experience. Various customer events are also planned, aiming to engage and encourage participation from investors.
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Mirae Asset Management, Integrates and Revamps Website... Introduces AI Assistant - E-TodayMirae Asset Management announced on the 1st that it has integrated and revamped its official website and the ‘TIGER ETF’ website. With this revamp, Mirae Asset Management's website and index funds
Samsung Asset Management's Target Weekly Covered Call 2 Products Face Warning Sound "Be Careful with Investments" [ETF Lens] - Smart Today|Smart Today=Reporter Sim Dubo| Amid the rising popularity of covered call ETFs that sell KOSPI 200 call options to prepare distribution funds, concerns are also emerging. As the net asset of covered call ETFs increases, naturally, the volume of call option sales also rises, which exerts downward pressure on the call option premium.