Shinhan Asset Management to List SOL KOSPI200 Bond Mix 50 ETF

Shinhan Asset Management announced on May 18 that it will list the "SOL KOSPI200 Bond Mix 50" Exchange Traded Fund (ETF), which simultaneously pursues the growth potential of the KOSPI200 and the stability of government bonds, on the Korea Exchange on May 19.

This product is a bond-mixed ETF that invests 50% each in the KOSPI200 Index and 3-year Korean Treasury Bonds. In particular, it is classified as a "safe asset" for retirement pension (DC·IRP) accounts, allowing up to 100% allocation within pension accounts, which is its key feature.

Under current regulations, retirement pension accounts are limited to a maximum allocation of 70% in risky assets. If investors allocate the 30% safe asset portion to the SOL KOSPI200 Bond Mix 50 ETF and the remaining 70% risky asset portion to equity ETFs such as the "SOL AI Semiconductor TOP2 Plus" ETF, the effective equity investment ratio within the pension account can be increased to approximately 85%.

Kim Jeonghyeon, Head of the ETF Business Group at Shinhan Asset Management, stated, "As the KOSPI rises rapidly, investment demand is growing for products that pursue both growth and stability." He added, "The SOL KOSPI200 Bond Mix 50 ETF allows investors to enjoy a certain degree of the growth of the KOSPI200 while mitigating volatility through bond allocation." He further noted, "Since the fund plans to pay monthly distributions at the beginning of each month using stock dividends and bond interest as sources, it will be highly useful for investors seeking both asset allocation and monthly income within their pension accounts."

The first distribution of the SOL KOSPI200 Bond Mix 50 ETF is scheduled for July 1, and the timing of distribution deposits may vary depending on each securities company's policy.

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