Performance of Samsung Asset Management's KODEX U.S. Dividend Dow Jones Target Covered Call ETF
Samsung Asset Management's KODEX U.S. Dividend Dow Jones Target Covered Call ETF crossed the 100 billion won mark in net assets just six months after its listing, showcasing its successful growth. This ETF employs a similar stock portfolio to the SCHD ETF while incorporating a covered call strategy, maintaining a monthly dividend yield of about 1% and aiming for a 10% annual premium. Consequently, the ETF achieved a 6-month return of 13.2%, with net buying of 59.7 billion won by individual investors. Samsung Asset Management maximizes dividend income through such strategies, drawing interest from investors.
Regarding Samsung group ETFs, Korea Investment Management's ACE Samsung Group Equal Weighted ETF became the only ETF within the group to post a 5% return. This success was attributed to a lower allocation of Samsung Electronics, reducing potential losses, while yielding high returns from financial stocks like Samsung Heavy Industries and Samsung Fire & Marine Insurance. In contrast, other Samsung group ETFs recorded negative returns, with Samsung Electronics accounting for an average of 22.1% of their portfolios.
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When Mirae and Samsung Cry Over 'Samjeon', Only Korea Investment Trust Laughed - Korea Finance NewspaperAmong the Samsung Group ETFs, only Korea Investment Trust Management laughed. Although it failed to gain popularity due to the low inclusion ratio of Samsung Electronics, it consequently managed to avoid losses as much as possible. According to Koscom on the 20th, ACE Samsung Group Equal Weighted ETF recorded a 5% return over the past year as of the previous day's closing price, making it the only ETF among the five domestic Samsung Group ETFs (excluding bond types) to achieve a positive return. The others recorded negative returns: △TIGER Samsung Group Fundamental –2.3% △KODEX Samsung Group –3.4% △ACE Samsung Group Sector Weighted –5.7% △KODEX Samsung Group Value –5.9%.
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Samsung Asset Management 'KODEX US Dividend Dow Jones Target Covered Call Surpasses 100 Billion in Net Assets' - NewsPim[Seoul=NewsPim] Reporter Lee Seok-hoon = Samsung Asset Management announced on the 20th that the net assets of the KODEX US Dividend Dow Jones Target Covered Call ETF have surpassed 100 billion. KODEX US Dividend Dow Jones Target Covered Call is familiar to domestic investors as a dividend growth ETF like SCHD (Schwab US)
Samsung Management 'KODEX US Dividend Dow Jones Target Covered Call Asset Surpasses 100 Billion' - Metro News: Valuable Information for the Middle Class and Working PeopleSamsung Asset Management announced on the 20th that the KODEX US Dividend Dow Jones Target Covered Call ETF has surpassed 100 billion in net assets. This marks just six months since its listing at the end of May. KODEX US Dividend Dow Jones Target Covered Call is familiar to domestic investors as a dividend growth ETF, SCHD (Schwab US)
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Samsung Asset Management Surpasses 100 Billion Won in Net Assets with U.S. Dividend Dow Jones Target Covered Call - White Paper[White Paper = Reporter Ko Sua] Samsung Asset Management announced on the 20th that its KODEX U.S. Dividend Dow Jones Target Covered Call ETF surpassed 100 billion won in net assets. This was achieved just 6 months after its listing at the end of May. The KODEX U.S. Dividend Dow Jones Target Covered Call invests in the same stock portfolio as the SCHD (Schwab US Dividend Equity ETF), which is familiar to domestic investors as a dividend growth ETF. It incorporates a covered call strategy to significantly increase monthly dividends. The underlying index of this ETF is ‘Dow Jone U.S. Dividend 100 10% Premium Covered Call’.
KODEX US Dividend Dow Jones Target Covered Call ETF Surpasses 100 Billion KRW in Net Assets - Maeil Business NewspaperSamsung Asset Management announced on the 20th that the net assets of the KODEX US Dividend Dow Jones Target Covered Call ETF have surpassed 100 billion KRW. This achievement came just six months after its listing at the end of May. The KODEX US Dividend Dow Jones Target Covered Call ETF tracks the Target Covered Call Index, which flexibly sells S&P 500 call options monthly to seek an annual premium of about 10%. It is familiar to domestic investors as a dividend growth ETF.
Samsung Asset Management's 'US Dividend Dow Jones Target Covered Call ETF' Exceeds 100 Billion Won in Net Assets - DailyanSamsung Asset Management announced on the 20th that the 'KODEX US Dividend Dow Jones Target Covered Call' ETF, which was listed at the end of May, has surpassed 100 billion won in net assets. This ETF is an investment product that uses a covered call strategy while investing in the same stock portfolio as the well-known dividend growth ETF 'SCHD' (Schwab US Dividend Equity ETF).