TIGER US DIVIDEND TARGET COVERED CALL II
458760·Stock-Stock derivatives-Covered call
Introduction
The TIGER US Dividend +7% 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 7% Premium Covered Call Index (TR)
Investment Points
A covered call ETF aimed at generating income through a strategy of investing in high dividend U.S. stocks and selling ATM S&P500 call options to receive an annual premium of 7%. While the sale of call options results in a monthly cash flow, the upside is limited by the ratio of call option sales, and any decline is reflected.
Benchmark Index
Dow Jones U.S. Dividend 100 7% Premium Covered Call Index
Benchmark Index Description
An index derived from the combined returns of the Dow Jones U.S. Dividend 100 Index constituents and the returns from selling S&P 500 ATM call options. S&P 500 ATM call options are sold at a contract value equivalent to an annual premium of 7%.
Issuer
Mirae Asset Global Investments Co.,Ltd.
Brand
TIGER
Fee
0.39
Listing Date
2023-06-20
ISIN
KR7458760006
Market Information
Market Capitalization858,245,000,000 KRW
Trading Value6,049,986,305 KRW
Trading Volume550,876
Number of Listed Shares78,200,000
NAV10,972
52-Week High11,255 KRW
52-Week Low9,895 KRW