Mirae Asset Global Investments’ Dividend Covered Call Fund Series Surpasses KRW 4 Trillion in Net Assets

The net assets of Mirae Asset Global Investments’ Dividend Covered Call Fund series have continued to grow, increasing by more than 50% so far this year.

According to Mirae Asset Global Investments on April 20, the net assets of the Dividend Covered Call Fund series amounted to KRW 4.352 trillion as of April 17. This represents an increase of approximately 54% compared to KRW 2.83 trillion at the end of last year.

The company attributes this growth to the accumulated management experience and stable track record since the launch of its first product in 2012, which have helped build investor trust. Currently, Mirae Asset Global Investments operates a total of six Dividend Covered Call Funds, including the Mirae Asset Dividend Covered Call Active Fund. The funds are structured to enable investment in various regions such as Korea, the United States, and China, and the investment methods have been diversified to include both public funds and exchange-traded funds (ETFs), broadening investor options.

An official from Mirae Asset Global Investments explained, "These products are based on a strategy that pursues both stable income and capital gains simultaneously," adding, "We selectively invest in companies with strong dividend growth potential, while utilizing a covered call strategy to secure a certain level of cash flow. Through this, the funds aim to deliver both dividend income and additional capital gains."

For the Mirae Asset Dividend Covered Call Active Fund, which invests in the domestic market, the stock allocation is maintained at around 70%, yet the fund has recorded a cumulative return of 357.56% since its inception in 2012. This outperforms the reference index (KOSPI200 70% + MMI 30%), which posted a return of 181.02% over the same period, by 176.54 percentage points. The fund has built stable returns, recording losses in only two years out of its 14-year history.

Although the covered call strategy has the drawback of limiting returns during sharp stock market rallies, the Mirae Asset Dividend Covered Call Fund has overcome this limitation by having experts with over 10 years of experience in managing the strategy closely monitor market trends and flexibly adjust the option selling ratio and strike price. In fact, during the COVID-19 pandemic from March to September 2020, when the reference index surged nearly 40% over six months, the fund also achieved a 40% return over the same period, matching the reference index despite employing a covered call strategy. This demonstrates differentiated performance compared to other covered call funds and ETFs. Furthermore, the fund is expanding its sales channels by recently securing KakaoPay Securities as a new distributor, leveraging its strong track record.

TIGER Dividend Covered Call Active ETF, which implements this public fund as an ETF, is also growing rapidly based on its performance. Since its listing in 2023, it has recorded a cumulative return of 162.44%. Notably, based on its performance in the second half of 2025, the ETF is paying out special monthly distributions of up to 2% in the first half of 2026. Recently, the net assets of this product surpassed KRW 1 trillion.

Lee Hyunkyung, Head of AI Quantitative Finance at Mirae Asset Global Investments, stated, "The Mirae Asset Dividend Covered Call Fund series combines a dividend growth-oriented portfolio with an active covered call strategy, focusing on improving long-term investment performance," and added, "We will continue striving to establish ourselves as the leading asset manager in active covered call investments."

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