Mirae Asset to Distribute February Dividends for TIGER CD Geumri Plus Active ETF

Mirae Asset Global Investments announced on the 4th that the ‘TIGER CD Geumri Plus Active (Synthetic) ETF’ will pay a dividend of 2,405 KRW per share.

The dividend payment record date for the ‘TIGER CD Geumri Plus Active (Synthetic) ETF’ was the 31st of last month.

Launched in December last year, the ‘TIGER CD Geumri Plus Active (Synthetic) ETF’ is a monthly dividend interest-type ETF that pays the interest accumulated daily as monthly dividends. It pays the 91-day CD yield plus an additional interest of up to 0.1% per annum if the Consumer Price Index (CPI) rises or remains flat compared to the previous month. If the CPI falls compared to the previous month, only the base 91-day CD interest rate is paid.

Unlike existing interest-type ETFs, the ‘TIGER CD Geumri Plus Active (Synthetic) ETF’ distributes all the interest accumulated daily at the end of each month. Since the inauguration of U.S. President Donald Trump, uncertainty in financial markets and inflation has increased. Investors are expected to respond to the high interest rate, high inflation, and high volatility market environment through steady interest income and monthly dividends.

The total expense ratio is 0.0098% per annum, which is among the lowest for interest-type ETFs listed domestically. Due to the nature of interest-type ETFs, fees and other costs have a significant impact on returns. It is expected to contribute to an increase in investors’ actual returns. Since additional interest is paid upon meeting certain conditions, additional returns can be expected compared to existing interest-type ETFs.

Jung Seung-ho, head of the FICC ETF Management Team at Mirae Asset Global Investments, said, "Since the Trump administration, market uncertainty has increased, and interest-type ETFs that generate steady monthly dividends from high interest rates are gaining attention." He added, "Investors who want to efficiently utilize cash assets or manage retirement pension accounts stably can actively consider using the ‘TIGER CD Geumri Plus Active (Synthetic) ETF.”

The TIGER CD Geumri Plus Active (Synthetic) ETF can be invested in 100% through retirement pension (DC, IRP) accounts. Due to the nature of pension accounts, it offers tax deferral benefits and, when received as a pension in the future, applies a low pension income tax rate of 3.3~5.5%, allowing for high real returns. Due to the ETF’s characteristics, there are no early redemption fees and low trading costs, making it usable as a ‘parking-type ETF’ to utilize cash assets such as funds waiting to be invested.

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