SOL Korea High Dividend ETF Surpasses 80 Billion Won in Net Purchases by Individual Investors

Shinhan Asset Management announced on November 7 that the cumulative net purchases by individual investors in the "SOL Korea High Dividend ETF," which was listed in September, have surpassed 83.5 billion won. At the time of listing, the net asset value was 10 billion won, but within about a month, it exceeded 100 billion won.

The SOL Korea High Dividend ETF is a next-generation monthly dividend ETF that actively reflects the government's latest dividend policy trends, such as the expansion of separate taxation on dividend income, policies encouraging reduced dividends, and treasury share cancellations. In the month since its listing, the scale of net purchases by individual investors ranked first among 31 domestic dividend ETFs. This demonstrates that investor preference for high-dividend and tax-saving products is currently concentrated on the SOL Korea High Dividend ETF.

Unlike conventional high-dividend ETFs that simply include stocks with high dividend yields, the SOL Korea High Dividend ETF is a strategic high-dividend ETF that comprehensively considers shareholder return factors such as separate taxation on dividend income, reduced dividends, and policies on share buybacks and cancellations. It is differentiated by the expectation that the actual amount of distributed income will increase through separate or non-taxation benefits for companies implementing reduced dividends.

Kim Junghyun, Head of ETF Business at Shinhan Asset Management, explained, "The SOL Korea High Dividend ETF is characterized by its agile reflection of evolving domestic dividend policy improvements and its portfolio construction aimed at maximizing actual dividend yields." He added, "It continues to attract funds from investors focused on pension and tax-saving accounts, meeting the needs of domestic dividend investors."

The SOL Korea High Dividend ETF includes major financial holding companies such as Woori Financial Group, Hana Financial Group, Shinhan Financial Group, and KB Financial Group. It also contains leading high-dividend stocks such as Hyundai Motor, Kia, and KT&G. Among the entire portfolio, approximately 76% of the companies are subject to separate taxation on dividend income, and about 22% have implemented reduced dividends.

It is suitable for investors seeking regular income through monthly distributions and for pension account investors. Amid growing market uncertainty and volatility, demand for dividend-focused defensive asset allocation strategies is also driving its growth. The first monthly dividend will be paid on November 17.

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