KODEX US S&P DCC-SYNTH(H)
276970·Stock-Stock derivatives-Covered call
Introduction
The KODEX US S&P DCC-SYNTH(H) ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P500 Dividend Aristocrats Covered Call(7.2% Premium) Index(Synthetic ETFs invest through a TRS provided by a securities companies)
Investment Points
ETF for investing with the purpose of income revenue There is an advantage of expecting income revenue through dividend income from high dividend stocks and option premiums from call option sales. On the other hand, there is almost no profit when the index rises due to call option sales, and it reflects all of the decline when it falls. Income revenue is stable in a market with low volatility, making it advantageous compared to index investments, but the risk is significant in a highly volatile market. Suitable ETF for investors who expect high dividend income rather than expecting the market in the long term. * As a currency-hedged product, the impact of profit and loss due to changes in the won-dollar exchange rate is small.
Benchmark Index
S&P500 Dividend Aristocrats Covered Call(7.2% Premium) Index
Benchmark Index Description
The index invests in a covered call strategy through a combination of buying the U.S. S&P High Dividend Index (S&P 500 Dividend Aristocrats Net Total Return) and selling S&P 500 call options.
* Reflects a quarterly distribution rate of 1.80% of the Index NAV (7.2% annually).
Issuer
Samsung Asset Management
Brand
KODEX
Fee
0.3
Listing Date
2017-08-10
ISIN
KR7276970001
Market Information
Market Capitalization42,504,000,000 KRW
Trading Value125,853,820 KRW
Trading Volume14,219
Number of Listed Shares4,800,000
NAV8,880
52-Week High8,945 KRW
52-Week Low7,915 KRW