Samsung Asset Management's KoAct High Dividend Active ETF Surpasses 50 Billion Won in Net Assets
Samsung Active Asset Management's high-dividend active exchange-traded fund (ETF) surpassed 50 billion won in net assets just two months after listing, driven by a flexible asset allocation strategy for high-dividend prospects and its monthly distribution structure.
On September 28, Samsung Active Asset Management announced that the net asset value (NAV) of its 'KoAct High Dividend Active' ETF had exceeded 50 billion won, reaching 62.5 billion won.
Since its listing on July 28, the ETF has delivered a stable return of 4.12% despite elevated market volatility. The net accumulated purchases by individual investors totaled 23.92 billion won, reflecting persistent interest and buying pressure from retail investors.
This ETF will pay a dividend of 82 won per share for September, with a total payout ratio of approximately 0.8%. To be eligible for this month's distribution, investors must purchase the ETF by September 28. The dividend payment date is scheduled for October 2.
KoAct High Dividend Active is a monthly dividend active ETF that invests in ‘potential high dividend stocks’—companies expected to increase dividend payouts due to earnings growth and expanded shareholder returns. Leveraging active management, the ETF proactively adjusts portfolio weights in response to anticipated real-time dividend yields. The fund reduces weightings of stocks expected to see declining dividends due to deteriorating performance, while selectively including names with revived shareholder return momentum.
The main portfolio includes stocks with solid fundamentals and sustainable dividend capacity such as Hyundai Elevator (7.79%), Woori Financial Group (5.54%), GS (5.33%), JB Financial Group (5.09%), DB Insurance (4.88%), and Samsung Electronics Preferred Shares (4.17%).
Hot Picks Today
Despite "Insufficient Balance" Notices, They Board Anyway... Reports of Foreign Fare Evasion Mounting
- "If It Helps My Child's Studies, It's Worth Every Penny"... U.S. Parents Open Their Wallets for $10,000 Tests
- [Exclusive] "We Came for a KRW 140,000 Trip": Following Chinese Tourists in Korea Uncovers a 'Suspicious' Tour
- "I'm paying to stay, and you want me to do the laundry and dishes too?" ... Airbnb bans excessive cleaning demands
- "Baek Jongwon Had Been Quiet, Then Hit It Big"... Waits in the 100s in U.S. Despite KRW 46,000 Pork Belly
Nam Eunyoung, Team Leader of Management Team 1 at Samsung Active Asset Management, said, “We do not simply invest in stocks that pay high dividends; we focus on those expected to further raise their dividends or that are anticipated to undergo positive change through new business investments. With growing interest in preferred shares, our active ETF seeks alpha not only through dividend income, but also by investing in preferred shares with wide price gaps relative to common shares.”
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
