458760·Stock-Stock derivatives-Covered call
TIGER US DIVIDEND TARGET COVERED CALL II
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
Total Fee
0.39
Listing Date
2023-06-20
International Securities Code
KR7458760006
Market Information
Market Capitalization
953,925,000,000KRW
Transaction Amount
6,480,876,310KRW
Trading Volume
658,752
Shares Outstanding
96,600,000
NAV
9,844
52-Week High
11,255KRW
52-Week Low
9,550KRW