480020·Stock-Stock derivatives-Covered call
ACE US BigTech7 Daily CoveredCall(Synth)
Introduction
The ACE US BigTech Top7Plus 15% Premium(Syn) ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Bloomberg US Big Tech Top 7 Plus Premium Decrement 15% Distribution Index(Synthetic ETFs invest through a TRS provided by a securities companies)
Investment Points
Invest in the following: Focused buying of 7 big tech stocks in the U.S. and selling calls on QQQ ETF with a covered call strategy, opting for option premiums instead of potential upward movement. The goal is an annual dividend of 15%, but the principal is not guaranteed, and there is a risk that the annual dividend may fall short of 15%.
Benchmark Index
Bloomberg US Big Tech Top 7 Plus Premium (QQQ) Decrement 15% Distribution Index
Benchmark Index Description
The index calculated using a covered call strategy that involves buying the Bloomberg US Big Tech Top7 Plus Index and selling 1% out-of-the-money call options on the Invesco QQQ Trust ETF expiring the next business day.
Issuer
Korea Investment Management Co.
Brand
ACE
Total Fee
0.45
Listing Date
2024-04-23
International Securities Code
KR7480020007
Market Information
Market Capitalization
186,966,000,000KRW
Transaction Amount
3,773,194,260KRW
Trading Volume
314,530
Shares Outstanding
15,600,000
NAV
12,081
52-Week High
12,945KRW
52-Week Low
9,520KRW