'SOL US Dividend Dow Jones Monthly Dividend ETF' Ranked No.1 in Individual Net Purchases in November

[Asia Economy Reporter Junho Hwang] Shinhan Asset Management's SOL US Dividend Dow Jones achieved the highest net purchase by individuals during the first week after its launch.

According to Shinhan Asset Management on the 22nd, SOL US Dividend Dow Jones recorded a net individual purchase of 5.8 billion KRW, making it the ETF with the highest net individual purchase amount among 14 monthly dividend ETFs in November.

Junghyun Kim, Head of the ETF Management Center at Shinhan Asset Management, analyzed, "Including the investment amount purchased through pension accounts, it appears that more than 8 billion KRW was purchased," adding, "The large proportion of inflows from pension accounts in terms of supply and demand indicates that individual investors are using SOL US Dividend Dow Jones for long-term investment purposes."

SOL US Dividend Dow Jones is also recording a top-tier level in domestic ETFs during the period in terms of trading volume, with an average daily trading volume of 620,000 shares.

Center Head Kim predicted, "At year-end tax settlement, a tax credit of 13.2 to 16.5% can be received on combined maximum contributions of 9 million KRW for personal pensions (pension savings) and retirement pensions (IRP)," adding, "Typically, in November and December, fund inflows increase significantly due to tax credit benefits, so the net purchase volume by individual investors in SOL US Dividend Dow Jones is expected to grow even more."

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