'TIGER Dividend Covered Call Active' ETF to Continue Special Distributions in the Second Half of the Year

Special Distributions of Up to 2% Paid Monthly in the First Half
118.3% Return Achieved Year-to-Date

Mirae Asset Global Investments announced on June 16 that the 'TIGER Dividend Covered Call Active' Exchange Traded Fund (ETF) will continue to pay special distributions throughout the second half of this year.

The TIGER Dividend Covered Call Active ETF is an actively managed covered call product that invests in domestic equities. By combining a portfolio of dividend growth stocks with a covered call strategy, it seeks to generate stable cash flows, utilizing active management to flexibly adjust the proportion of call option selling according to market conditions.

This ETF expanded its existing quarterly distribution policy and has been providing special distributions of up to 2% monthly since July last year. As of the previous day, it has delivered a return of 118.3% year-to-date, thereby securing the resources needed for special distributions in the second half of the year.

According to the Korea Exchange, the cumulative net purchases by individual investors in this ETF have reached 951.6 billion won since the beginning of the year. A representative from Mirae Asset Global Investments stated, "Even amid an environment of rising market volatility, demand for income investments that provide regular cash flow is increasing, leading to an inflow of funds from individual investors."

By utilizing covered call ETFs with different distribution schedules, investors can spread out their monthly cash flows. For example, combining the 'TIGER Dividend Covered Call Active' ETF, which distributes at the end of every month, with the 'TIGER Semiconductor TOP10 Covered Call Active' ETF, which distributes on the 15th of each month, allows investors to build an income portfolio that secures cash flows twice a month.

Jung Heehyun, Head of ETF Management at Mirae Asset Global Investments, said, "The 'TIGER Dividend Covered Call Active ETF' is a product that seeks both stable cash flow and profitability through active management, even in highly volatile market environments." He added, "Building on our strong performance in the first half of the year, we will continue special distributions in the second half and strive to provide investors with a differentiated income solution."

This content was produced with the assistance of AI translation services.