SOL Korea High Dividend ETF Sees 174.5 Billion Won in Cumulative Net Purchases by Individual Investors

Shinhan Asset Management announced on the 15th that since the listing of the 'SOL Korea High Dividend' ETF, the cumulative net purchases by individual investors have reached 174.5 billion won. The net asset size has grown from 10 billion won at the time of its initial listing in September to 243 billion won.

Kim Junghyun, Head of the ETF Division at Shinhan Asset Management, explained, "As the domestic stock market has entered a phase of seeking direction, investment demand prioritizing stable cash flows over price volatility is rapidly increasing."

He added, "The SOL Korea High Dividend ETF is not simply a collection of high-dividend stocks, but a product designed to structurally reflect tax benefits and shareholder return policies, thereby increasing the actual dividend yield. This is why it is being chosen by investors."

The SOL Korea High Dividend ETF pays a monthly dividend of 61 won per share. While the first monthly dividend paid last month covered approximately 1.5 months since listing, this distribution is the first monthly dividend based on a one-month period. On an annualized basis, the dividend yield is around 6%.

The SOL Korea High Dividend ETF is a next-generation high-dividend product that incorporates the latest dividend policy trends into its ETF management strategy, including the expansion of separate taxation on dividend income, tax benefits for companies with reduced dividends, and policies encouraging share buybacks and cancellations. Instead of simply including stocks with high dividend yields, it constructs its portfolio by comprehensively considering policy elements such as approximately 76% allocation to companies eligible for separate taxation on dividend income and about 22% allocation to companies implementing reduced dividends.

The main constituent companies include major financial holding firms such as Woori Financial Group, Hana Financial Group, Shinhan Financial Group, and KB Financial Group, as well as leading high-dividend and shareholder return companies such as Hyundai Elevator, Kia, Hyundai Motor, KT&G, Samsung Life Insurance, and Industrial Bank of Korea.

Kim further stated, "This product is suitable not only for investors seeking stable cash flows through monthly dividends, but also for those utilizing long-term investment accounts such as pension savings and IRPs, especially amid the ongoing revaluation of domestic dividend stocks."

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