Woori Asset Management Launches Monthly Dividend 'WOORI 200 ETF' on the 16th

[Asia Economy Reporter Kwon Jae-hee] Woori Asset Management announced on the 15th that it will launch an exchange-traded fund (ETF) that tracks the KOSPI 200 index.

Woori Asset Management will newly list the 'WOORI 200 ETF' on the 16th. This ETF tracks the KOSPI 200 index and is a fund that allows stock allocation in line with the flow of the South Korean economy. In particular, the 'WOORI 200 ETF' differentiates itself from existing ETFs tracking the KOSPI 200 index by paying dividends monthly.

The 'WOORI 200 ETF' is structured to pay evenly distributed monthly dividends by utilizing dividend income from the previous 12 months as the source of monthly distributions. This prevents the concentration of dividends in specific periods and allows investors to enjoy the benefits of monthly dividends. However, in the early stages of listing, the fund retains stock dividends received as future monthly distribution resources, so the initial dividends are not large.

Seo Woo-seok, Head of Global Operations at Woori Asset Management, explained, "Through the 'WOORI 200 ETF,' investors can invest in South Korea's representative industries while using the monthly dividends as a second paycheck. This ETF offers both continuous cash flow and the advantages of long-term investment."

Meanwhile, Woori Asset Management has been accelerating its ETF business and expanding its product lineup by launching products such as the 'WOORI AI ESG Active ETF' using AI in January this year, the 'WOORI Korea Treasury Bond Active ETF,' the 'WOORI US S&P Aerospace & Defense ETF,' and the 'WOORI US S&P 500 ETF.'

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