Samsung Asset Management "KODEX US AI Tech TOP10 +15% Premium, Net Assets Surpass 100 Billion KRW"

Samsung Asset Management announced on the 14th that its target premium monthly dividend exchange-traded fund (ETF) ‘KODEX US AI Tech TOP10+15% Premium,’ which focuses on large U.S.-listed AI tech companies, has surpassed 100 billion KRW in net assets. This product sold out on its first day of listing on the 28th of last month and exceeded 100 billion KRW in net assets within just 11 trading days, marking the shortest period among equity ETFs listed this year.

As individual investors also concentrated their buying on this product, it recorded the largest individual net purchase of 77.5 billion KRW among monthly dividend ETFs. Samsung Asset Management analyzes that the continuous influx of individual investors is due to the combined advantages of expectations for the growth potential of the AI industry and the high monthly dividend payment of around 15% per annum.

KODEX US AI Tech TOP10+15% Premium carefully selected the top 10 U.S. AI tech stocks by applying an AI investment method that reflects AI industry trends properly, using both market capitalization and LLM (Large Language Model) scores. Accordingly, it includes about 20% of NVIDIA, which leads AI semiconductors and hardware. It holds about 18% of Microsoft, a big tech company leading the AI software sector. In addition, it includes AI tech companies such as Google, Apple, TSMC, and AMD, determining the stock composition and weights to fully enjoy the overall growth of the AI industry.

Additionally, the product is designed to pay monthly dividends by securing a premium of 15% per annum, one of the highest levels domestically, through partial weekly sales of Nasdaq 100 weekly call options that expire every week. This is also analyzed as a major factor that has drawn positive responses from individual investors. Samsung Asset Management explains that since this product is designed to invest in representative AI tech companies while aiming for high monthly distributions, it is a product worth attention for both dividend-oriented investors seeking stable monthly dividends and aggressive investors pursuing capital gains by investing in the AI innovation industry expecting long-term high growth.

In fact, KODEX US AI Tech TOP10+15% Premium recorded a return of 8.53% after listing, achieving higher performance compared to similar monthly dividend ETFs based on U.S. tech stocks. Also, its total expense ratio is 0.39%, relatively lower than other similar products. The first distribution will be paid on July 2 to investors who purchase the ETF by June 26 and hold it on June 28.

Im Tae-hyuk, Executive Director of the ETF Management Division at Samsung Asset Management, said, “KODEX US AI Tech TOP10+15% Premium has received favorable responses from investors by realizing two goals in one product: investment profitability based on the long-term growth potential of AI tech companies and high monthly dividend payments using a 15% annual target premium.” He added, “To meet the AI era, we will soon launch the KODEX US AI Tech TOP10 ETF for investors who have shown great interest in the differentiated portfolio of AI Tech TOP10, which has evolved accordingly.”

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