TIGER US Nasdaq 100 Target Daily Covered Call ETF Surpasses 1 Trillion Won in Net Assets

Mirae Asset Global Investments announced on November 11 that the net asset value of the 'TIGER US Nasdaq 100 Target Daily Covered Call ETF' has surpassed 1 trillion won.

According to the Korea Exchange, as of the closing price on November 10, the net asset value of the TIGER US Nasdaq 100 Target Daily Covered Call ETF stood at 1.0013 trillion won. This is the largest among US equity-type covered call ETFs listed in Korea.

Since its listing in June last year, the TIGER US Nasdaq 100 Target Daily Covered Call ETF has established itself as a leading covered call ETF, based on strong returns and dividend growth. As of November 10, the year-to-date return is 15.82%, ranking first among US Nasdaq 100 tracking covered call ETFs listed in Korea.

The TIGER US Nasdaq 100 Target Daily Covered Call ETF invests in the Nasdaq 100 index, a major US index, and is a monthly dividend covered call ETF targeting an annual dividend yield of 15%. By utilizing daily options, it reduces the option selling ratio to below 10%, while actively participating in the upward movement of the underlying index with the remainder. It has consistently paid distributions for 16 months since its listing. Recently, along with the upward trend of the Nasdaq 100 index, dividend growth has also continued.

To commemorate surpassing 1 trillion won in net assets, Mirae Asset Global Investments is holding a purchase event. Customers who verify the purchase of at least one share of this ETF by December 10 will be eligible for a prize draw. Detailed information about the event can be found on the official TIGER ETF website.

Byungho Yoon, Head of Strategic ETF Management at Mirae Asset Global Investments, said, "The TIGER US Nasdaq 100 Target Daily Covered Call ETF is a product that offers both growth and monthly dividends," adding, "It has established itself as the most trusted representative covered call ETF among monthly dividend investors." He continued, "We will continue to strengthen our product lineup to provide sustainable income and solid performance for investors."

The TIGER US Nasdaq 100 Target Daily Covered Call ETF pays distributions at the end of each month. If purchased by November 26, investors will receive the next month's distribution.

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