Hantoo Asset Management's 'KINDEX US High Dividend S&P ETF' Surpasses 50 Billion KRW in Net Assets

[Asia Economy Reporter Hwang Yoon-joo] Korea Investment Trust Management announced on the 3rd that the net assets of the exchange-traded fund (ETF) 'KINDEX U.S. High Dividend S&P ETF,' which invests in U.S. dividend growth stocks, have surpassed 50 billion KRW.

According to the fund rating company FnGuide, the net assets of this ETF recorded 51.3 billion KRW as of the closing price on the 2nd. Over the past six months, 37 billion KRW of funds have flowed in. It attracted the most funds among dividend stock ETFs established in Korea during this period. The company explained that it is gaining investors' attention by recording excellent returns in the recent volatile market.

The six-month return of the 'KINDEX U.S. High Dividend S&P ETF' as of the 2nd is 9.87%. During the same period, the returns of the Nasdaq Composite Index and the S&P 500 Index were -21.37% and -9.12%, respectively, underperforming by 31.24 percentage points and 18.99 percentage points. The three-month and year-to-date returns are also favorable at 5.44% and 1.69%, respectively.

The 'KINDEX U.S. High Dividend S&P ETF' is a product that invests in U.S. high dividend stocks representing the global advanced capital market, focusing on companies that steadily increase dividends per share based on long-term solid earnings.

The underlying index of this ETF is the 'Dow Jones U.S. Dividend 100 Price Return Index.' As of the end of May, the sector composition of the underlying index includes Financials (19.06%), IT (18.86%), Consumer Staples (14.25%), Healthcare (12.68%), Industrials (10.85%), Consumer Discretionary (6.02%), Communication Services (5.13%), Energy (5.12%), and Materials (3.89%).

By individual stocks, the investment weights are high in global pharmaceutical companies Merck & Company (4.46%) and Pfizer (4.12%), global biopharmaceutical developer and manufacturer Amgen (4.10%), the world's leading comprehensive beverage company Coca-Cola (4.09%), and beverage and comprehensive food manufacturer and seller PepsiCo (4.07%).

The 'KINDEX U.S. High Dividend S&P ETF' is a currency-exposed (UH) product. The exchange rate fluctuations between the Korean won and the U.S. dollar (USD) are reflected in the daily performance along with the underlying index performance. Additionally, it pays dividends on the last business day of January, April, July, and October, enabling the creation of regular cash flow.

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