KB Securities Lists New 'KB KOSDAQ 150 TR ETN'

KB Securities announced on the 21st that it will newly list the 'KB KOSDAQ 150 TR Exchange-Traded Note (ETN)' on the 22nd, which tracks the KOSDAQ 150 index including dividend performance as a total return index.

Following the announcement of the financial authorities' dividend policy improvement plan at the end of last year, it is expected that companies changing their dividend policies and investors interested in dividend investing will gradually increase. Tracking a total return index has the advantage of accumulating not only capital gains from stock price fluctuations of constituent stocks but also dividend income from cash dividends, which is favorable for investors considering dividend investment.

Accordingly, KB Securities launched the KB KOSDAQ 150 TR ETN, which reflects dividend income for 150 stocks listed on the KOSDAQ market, where individual investors' supply and demand are significant. The KB KOSDAQ 150 TR ETN is a product that allows investment in 150 representative KOSDAQ market stocks that meet market capitalization and trading volume criteria by industry group among companies listed on the KOSDAQ market. ETNs have the advantage of reflecting the performance of the underlying index in the indicative value without tracking error between the underlying index and the product, and through this upcoming ETN listing, investors can invest directly in the KOSDAQ 150 index.

Additionally, the total fee for this ETN accumulates the underlying index performance without any additional costs. The maturity is 10 years, and trading is expected to be possible until October 11, 2034, after which it will be delisted.

Kim Byung-gu, Head of Passive Sales Division at KB Securities, said, "ETNs have the advantage of reflecting the performance of the underlying index without tracking error, which is a clear benefit for investing in Korea's representative indices," adding, "We plan to continuously supply various products by leveraging the advantages of ETNs."

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