Mirae Asset's "TIGER Dividend Covered Call Active" ETF Surpasses 300 Billion Won in Individual Net Purchases This Year

No. 1 Distribution Rate Among Domestic Equity-Based Monthly Dividend ETFs

Mirae Asset Global Investments announced on March 19 that individual investors’ net purchases of the "TIGER Dividend Covered Call Active" ETF have surpassed 300 billion won since the beginning of the year.

According to the Korea Exchange, as of the previous day's closing price, the net purchases of this ETF by individual investors since the start of the year totaled 343.1 billion won. This surge is interpreted as a result of significant inflows from investors seeking stable dividend income amid increasing market volatility. The fund’s net asset value has also grown by 549.1 billion won compared to the beginning of the year, nearly tripling in size.

The TIGER Dividend Covered Call Active ETF currently ranks first in distribution rate among domestic equity-based monthly dividend ETFs. In particular, based on strong performance in the second half of last year, the ETF has continued to pay special monthly distributions in the first half of this year. The distribution rates for January and February were 1.93% and 1.97%, respectively. A key feature of the ETF is that it provides relatively predictable distributions, supported by its active management performance.

This product also offers advantages from a tax perspective. While ordinary dividends are subject to dividend income tax, the main sources for this ETF’s distributions—option premiums and capital gains from domestic stock trading—are classified as non-taxable items. As a result, it is considered an effective alternative for managing after-tax returns for investors subject to aggregate financial income taxation.

The portfolio mainly consists of stocks with high dividend growth potential, such as Samsung Electronics, SK hynix, and Samsung Electronics Preferred. In addition, it is designed with flexible option strategies tailored to market conditions, enhancing downside protection during market declines while enabling investors to benefit from stock price gains during rallies. In fact, during this month of heightened volatility, the ETF posted a return of -1.32%, outperforming the KOSPI 200 Index (-4.79%) by approximately 3 percentage points.

Jeong Huihyeon, Head of ETF Management at Mirae Asset Global Investments, stated, "The special distribution for the TIGER Dividend Covered Call Active ETF is calculated rationally based on the fund’s management performance, rather than relying solely on option premiums," adding, "Rather than pursuing a high short-term distribution rate, our strategy prioritizes long-term growth of principal and distributions." He further remarked, "We will continue to enhance investment sustainability through a distribution policy grounded in management performance."

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