Shinhan Asset Management's 'SOL US Dividend ETF' Individual Net Buying Hits 89 Days, Setting Longest Record

Shinhan Asset Management announced on the 24th that the ‘SOL US Dividend Dow Jones ETF’ has set a new record for the longest continuous net buying by individual investors for 89 days since its listing.

As of the 23rd, there are 690 ETFs listed in the market, which is celebrating its 21st anniversary this year, and including delisted products, the total number reaches 817. Only three products have maintained net buying by individual investors for more than 60 days since their listing.

Kim Jeong-hyun, Head of the ETF Business Division at Shinhan Asset Management, said, “All ETFs that have seen prolonged net buying by individual investors since listing were launched after 2020, and thanks to this, they have grown into large ETFs with assets under management exceeding 400 billion KRW. This indicates that the ETF market environment is shifting towards being led by individual investors.” He added, “In the case of SOL US Dividend Dow Jones, the dividend growth with an annual dividend yield in the 3% range and an average dividend growth rate of 14% over the past five years, along with the monthly dividend strategy, seems to be gradually gaining investors’ approval.”

Since its listing on November 15 last year, the SOL US Dividend Dow Jones has recorded approximately 83.4 billion KRW in net buying by individual investors (as of March 23), and when including inflows through retirement pension accounts, it is estimated that individual investors’ funds exceed 90 billion KRW. Considering that during this period, most individual investor funds were concentrated in leverage/inverse ETFs and bond ETFs, this ETF has shown outstanding performance among dividend strategy ETFs.

Kim said, “Investors in SOL US Dividend Dow Jones are self-directed investors who actively manage their assets by directly investing in overseas ETFs and managing pension accounts through ETFs. Since they invest regularly through pension accounts as a means of managing funds for a comfortable retirement, we will operate responsibly by adhering to principles and strive to continuously communicate with investors through various channels.”

Meanwhile, on the 21st, SOL ETF newly listed the currency-hedged product ‘SOL US Dividend Dow Jones (H)’ on the Korea Exchange to minimize the impact of exchange rate fluctuations on performance for investors seeking to reduce risks from recent increased currency volatility.

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