Korea Investment Management Pays First Monthly Dividend for Korea Investment Income Stock ETF Collection Fund on August 25
Monthly dividend EMP (ETF Managed Portfolio) funds, which select a diverse range of income-oriented ETFs such as covered call, high-yield, high-dividend, and bond ETFs to achieve diversified asset management, are quickly attracting market capital by successfully paying out their first monthly distribution after listing.
On August 26, Korea Investment Management announced that the 'Korea Investment Income Stock ETF Collection Monthly Dividend Fund,' which was established in July, made its first distribution payment on August 25. The initial distribution rate was approximately 0.70%.
This fund is an EMP fund in which Korea Investment Management directly selects high-quality income-type ETFs to construct its portfolio. By rebalancing the portfolio each month in line with market conditions, it is designed to reduce the volatility of individual assets and provide a stable cash flow.
The Korea Investment Income Stock ETF Collection Fund series is on the verge of surpassing 10 billion won in assets under management. Currently, the cumulative total of the fund series stands at 9.3 billion won, with steady inflows from investors seeking stable returns amid recent market volatility. The fund can be invested up to 100% through Defined Contribution (DC) and Individual Retirement Pension (IRP) accounts, making it highly useful as a means of increasing retirement assets.
Korea Investment Management is also actively expanding its distribution channels to improve investor accessibility. The fund is currently available for subscription at Woori Bank, Kyobo Securities, Korea Investment & Securities, and KB Securities, with plans to expand the lineup of distributors under active consideration.
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Kim Donghyun, Head of Global Quantitative Asset Management at Korea Investment Management, stated, "Amid expanding market volatility and persistent geopolitical risks, it is becoming increasingly difficult for individual investors to select high-quality income-type ETFs themselves." He added, "The Korea Investment Income Stock ETF Collection Fund provides an efficient investment alternative that enables diversified investment in various income assets through a single fund." Kim further emphasized, "Starting with this distribution, we will continue to focus on investing in ETFs with consistent dividends to provide steady income effects going forward."
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