480030·Stock-Stock derivatives-Covered call
ACE US500 Daily CoveredCall(Synth)
Introduction
The ACE US 500 15% Premium(Syn) ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Bloomberg US 500 Large Cap Premium Decrement 15% Distribution Index(Synthetic ETFs invest through a TRS provided by a securities companies)
Investment Points
An investment strategy involving investing in the top 500 market cap stocks listed in the US and selling SPY ETF call options, known as a covered call strategy. This method opts for option premiums instead of potential price appreciation. It targets an annual dividend yield of 15%, but principal protection is not guaranteed, and there is a risk that the annual dividend yield could fall below 15%.
Benchmark Index
Bloomberg US 500 Large Cap Premium (SPY) Decrement 15% Distribution Index
Benchmark Index Description
An index calculated by a covered call strategy that involves buying the Bloomberg US Large Cap Index and selling a SPDR S&P 500 ETF Trust out-of-the-money call option with 0.7% strike price expiring the next business day.
Issuer
Korea Investment Management Co.
Brand
ACE
Total Fee
0.45
Listing Date
2024-04-23
International Securities Code
KR7480030006
Market Information
Market Capitalization
154,077,000,000KRW
Transaction Amount
2,073,370,965KRW
Trading Volume
185,688
Shares Outstanding
13,800,000
NAV
11,169
52-Week High
11,430KRW
52-Week Low
9,785KRW