Hanwha Asset Management Lists New 'PLUS US High Dividend Active' ETF Tailored for Retirees

Top 20 Stocks Selected by Expected Dividend Yield
Including Chevron, Verizon, AT&T, and Target

On January 27, Hanwha Asset Management announced the new listing of the 'PLUS US High Dividend Active' ETF, which invests in the top 20 US companies by expected dividend yield.

The 'PLUS US High Dividend Active' ETF is a monthly dividend ETF managed with the goal of maximizing dollar-based cash flow that can be secured immediately, targeting an annual distribution rate of 4.5-5%. This is higher than the 3.6% average dividend yield over the past eight years for the 'Dow Jones U.S. Dividend 100 Index,' the benchmark for the representative US dividend growth ETF SCHD. It is suitable for investors such as retirees who seek stable, dollar-based cash flow now, rather than waiting for dividend growth in the distant future.

In addition, this ETF is the US version of the 'PLUS High Dividend,' which is the largest domestic high-dividend equity ETF and has a 14-year track record of proven performance. The 'PLUS US High Dividend Active' ETF selects the top 20 stocks by expected dividend yield from among the top 300 large-cap stocks listed on the New York Stock Exchange and Nasdaq. This applies the stock selection strategy of the 'PLUS High Dividend' ETF-based on expected dividend yield-to the US market.

The 'PLUS US High Dividend Active' ETF aims for excess returns through active management. The fund adjusts the allocation between a 'core portfolio' of high-quality stocks and a 'strategic portfolio' that includes preferred stocks, REITs, and other stocks expected to have high dividend yields, depending on market conditions. This enables agile responses to changes in dividend policy or increased market volatility.

As of the day before listing, the main holdings include: ▲Chevron, an integrated energy company expected to benefit from the expansion of Venezuelan oil operations; ▲Verizon, the largest wireless carrier in the US and a provider of 5G network and internet services; ▲AT&T, a leading US telecom holding company offering both wired and wireless broadband services; and ▲Target, a major US retail chain selling groceries, apparel, and household goods.

Kim Jeongseop, Head of ETF Business at Hanwha Asset Management, stated, "While existing US dividend ETFs have focused on dividend growth to build retirement funds, the 'PLUS US High Dividend Active' ETF is designed to secure dollar-based cash flow by investing in US high-dividend stocks with high current yields. Especially for investors relying on dividends after retirement, this product can help mitigate risks associated with prolonged weakness in the Korean won."

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