Hantoo Asset Management "ACE Monthly Dividend ETF... Combined Net Asset Value Surpasses 3 Trillion Won"

Korea Investment Trust Management announced on the 3rd that the combined net asset value of the ACE monthly dividend exchange-traded funds (ETFs) has surpassed 3 trillion KRW.

As of the 2nd of this month, Korea Investment Trust Management's monthly dividend lineup consists of a total of 11 ETFs, with a combined net asset value of 3.0029 trillion KRW. Korea Investment Trust Management established its monthly dividend lineup by launching the ACE U.S. 30-Year Treasury Active (H) ETF in March 2023. Subsequently, in April and July of the same year, it newly listed the ACE U.S. High Yield Active (H) ETF and the ACE Global Income TOP10 SOLACTIVE ETF. The ACE U.S. Dividend Dow Jones ETF was also changed from quarterly dividends to monthly dividends.

Demand for monthly dividend investments has continued, and the lineup expansion has persisted this year as well. Following the launch of the ACE U.S. 30-Year Treasury Yen Exposure Active (H) ETF and the ACE U.S. 30-Year Treasury Active ETF in March, in April, three ETFs were introduced as monthly dividend types: △ ACE U.S. 500 Daily Target Covered Call (Synthetic) ETF △ ACE U.S. Semiconductor Daily Target Covered Call (Synthetic) ETF △ ACE U.S. Big Tech 7+ Daily Target Covered Call (Synthetic) ETF.

In particular, in August, the ACE U.S. Real Estate REIT (Synthetic H) ETF and the ACE Singapore REIT ETF were changed to monthly dividend types. These two ETFs had adopted a dividend reinvestment method since their listings in 2013 and 2019, respectively, but were changed to monthly dividends in response to investor demand.

Among the 11 ACE monthly dividend ETFs, the product that attracted the most interest from investors is the ACE U.S. 30-Year Treasury Active (H) ETF. This ETF was the first ACE ETF to surpass a net asset value of 1 trillion KRW within one year of its listing in March. Currently, it records the highest capital inflow among the 92 monthly dividend ETFs listed domestically (based on the past year and year-to-date). According to Koscom ETF CHECK, as of the previous day, the net asset value of this ETF reached 1.8486 trillion KRW, with capital inflows of 1.3494 trillion KRW and 1.2904 trillion KRW over the past year and year-to-date, respectively.

Korea Investment Trust Management also published the ACE ETF Monthly Dividend Guidebook to match the diversified lineup. The guidebook, published in May, not only introduces the ACE monthly dividend ETF lineup but also covers the risks that may arise when investing in monthly dividend products. The guidebook is available on the Korea Investment Trust Management website, blog, and the book platform 'Millie's Library' (Millie's Seoje).

Kim Seunghyun, head of ETF marketing at Korea Investment Trust Management, said, "Due to uncertain economic conditions and changes in the employment market, investment demand seeking stable income sources is leading to growth in monthly dividend products. ACE ETFs will continue to make every effort to timely provide investors with the necessary investment products and information."

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