Timefolio Asset Management Announces Special Dividend for TIME Korea Plus Dividend Active ETF
The 'TIME Korea Plus Dividend Active' Exchange Traded Fund (ETF) will pay a second special dividend this year.
On June 25, Timefolio Asset Management announced that the TIME Korea Plus Dividend Active ETF will pay a monthly dividend of 1.0% for June, including a regular monthly dividend of 0.5% and a special dividend of 0.5%.
This special dividend was introduced to return additional profits to investors, given the fund’s consistently strong performance. Timefolio Asset Management also paid a special dividend in March and has continued to maintain a stable monthly dividend schedule, while flexibly implementing a performance-based special dividend policy.
To be eligible for the distribution, including this special dividend, investors must purchase the ETF by June 26. Investors who hold or purchase shares by June 26 will receive a total distribution of 1.0%, which includes both the regular and special dividends.
The TIME Korea Plus Dividend Active ETF selectively includes leading stocks that drive gains in the domestic stock market, enabling it to actively capture market upside. It also maintains a balanced portfolio of high-dividend and relatively defensive stocks such as financials. In addition, the portfolio is adjusted by comprehensively considering factors such as earnings growth, shareholder return policies, valuation attractiveness, and sector-specific economic sensitivity.
Hot Picks Today
"I Might End Up Paying My Entire Salary Just for Interest"... Annual Per-Person Interest Could Reach 6.73 Million Won, 'Yeongkeul-jok' Lament
- Gwangju Abuzz Over Choi Tae-won's Instagram Follow: "Chairman, Are You Craving Jeolla Cuisine?"
- "Will I Really Be Left Out If I Don't Use It?"... The App Used by 23 Million Koreans Monthly, Is Naver Feeling the Pressure?
- Jensen Huang: "SK hynix ADR Is Incredibly Successful"
- Amid Record Heatwave and 'Delivery Ban' Orders, Italian Riders Strike: "Die from Heat or Starve"
A representative from Timefolio Asset Management stated, "The TIME Korea Plus Dividend Active ETF is a product that pursues both monthly dividends and the potential for outperformance through active management," adding, "The reason we were able to pay a special dividend in both March and June this year is the result of strong performance, achieved by flexibly combining leading stocks and high-dividend defensive stocks in line with market conditions." The representative continued, "Although the domestic stock market has mid- to long-term upside potential based on earnings improvement expectations, in the short term it may experience volatility due to variables such as interest rates, exchange rates, and the global economy. In this environment, the TIME Korea Plus Dividend Active ETF has established itself as a leading domestic active dividend ETF that seeks both market upside participation and dividend income."
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.