458750·Stock-Stock derivatives-Covered call
TIGER US DIVIDEND TARGET COVERED CALL I
Introduction
The TIGER US Dividend +3% Premium ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the DowJones U.S. Dividend 100 3% Premium Covered Call Index (TR)
Investment Points
A covered call ETF that aims for income yield by investing in high-dividend US stocks and receiving a 3% annual premium through monthly ATM S&P 500 call option sales. While monthly cash flow is generated through the sale of call options, the upside is capped by the amount of call options sold, and any decline in the value is reflected.
Benchmark Index
Dow Jones U.S. Dividend 100 3% Premium Covered Call Index
Benchmark Index Description
An index calculated by summing the yields of the Dow Jones U.S. Dividend 100 index constituents and the yields from selling S&P 500 ATM call options. This involves selling a number of S&P 500 ATM call options equivalent to an annual premium of 3%.
Issuer
Mirae Asset Global Investments Co.,Ltd.
Brand
TIGER
Total Fee
0.39
Listing Date
2023-06-20
International Securities Code
KR7458750007
Market Information
Market Capitalization
66,929,000,000KRW
Transaction Amount
364,446,003KRW
Trading Volume
34,704
Shares Outstanding
6,350,000
NAV
10,464
52-Week High
12,255KRW
52-Week Low
10,465KRW