Mirae Asset's 'TIGER US Dividend Dow Jones Covered Call ETF' Surpasses 1 Trillion Won

Mirae Asset Global Investments announced that its 'TIGER US Dividend Dow Jones Covered Call ETF' series has exceeded a total net asset value of 1 trillion won. This marks the largest among domestic stock-related covered call ETFs, with the 'TIGER US Dividend Dow Jones Target Covered Call No. 2 ETF' standing out at 913.6 billion won in net assets. The ETF invests in the prominent US dividend ETF 'SCHD' and employs a covered call strategy, boasting an anticipated annual distribution yield of 10%, thus garnering attention. The ETF has demonstrated consistent dividend performance since listing, and provides strategic downside protection during periods of market uncertainty.
These ETFs have been instrumental in leading consistent dividend growth and utilize a monthly option strategy to enhance market defense capabilities. Distributions are derived from premiums received from selling options, with potential risks including reduced distributions or principal impairment if the underlying assets and option strategies fall short. Understanding the covered call strategy and considering total return is crucial for investors.
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TIGER U.S. Dividend Dow Jones Covered Call 3 Types Surpass 1 Trillion Won in Net Assets - NewsPim[Seoul=NewsPim] Reporter Kim Yeon-soon = Mirae Asset Global Investments announced on the 8th that the total net assets of the 'TIGER U.S. Dividend Dow Jones Covered Call ETF' 3 types have surpassed 1 trillion won. According to the Korea Exchange, the 'TIGER U.S. Dividend Dow Jones Target Covered Call 2nd ETF', the nation's first target covered call ETF, on the 7th
'TIGER U.S. Dividend Dow Jones Covered Call' Net Asset Surpasses 1 Trillion Won - Smart Today|Smart Today=Kim Yunjin Reporter| The combined net asset of three 'TIGER U.S. Dividend Dow Jones Covered Call ETFs' by Mirae Asset Management has surpassed 1 trillion won. It is gaining attention among covered call ETFs by steadily increasing distribution based on consistent capital gains. According to the Korea Exchange on the 8th, it is the country's first targeted covered call ET.