Mirae Asset’s "TIGER Dividend Covered Call Active" ETF Surpasses 1 Trillion Won in Net Assets

Mirae Asset Global Investments announced on April 16 that the net asset value (NAV) of its "TIGER Dividend Covered Call Active" Exchange Traded Fund (ETF) has surpassed 1 trillion won.

According to the Korea Exchange, as of the previous day's closing price, the NAV of the "TIGER Dividend Covered Call Active ETF" stood at 1.0153 trillion won. This represents a growth of approximately four times from the beginning of the year, when it was around 240 billion won.

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This ETF is the only active covered call ETF investing in domestic stocks, and it is interpreted that investment demand for this strategy has risen recently amid heightened market volatility.

In addition, based on its performance in the second half of last year, this ETF has continued to pay special distributions of up to 2% each month in the first half of this year. Last month's distribution rate was 2.05%. A Mirae Asset Global Investments official explained, "We continuously provide predictable distributions based on the performance of active management."

During periods of market volatility, a monthly dividend strategy centered on the "TIGER Dividend Covered Call Active" ETF can also be utilized. This ETF has a distribution structure at the end of each month. By additionally utilizing covered call products that pay distributions on the 15th of each month, investors can structure a portfolio that provides dividends twice a month.

Representative covered call products from TIGER that pay distributions on the 15th of each month include: ▲TIGER 200 Target Weekly Covered Call ▲TIGER US Dividend Dow Jones Target Covered Call No.1 ▲TIGER US Tech TOP 10 Target Covered Call ▲TIGER US AI Big Tech 10 Target Daily Covered Call ▲TIGER US Dividend Dow Jones Target Daily Covered Call, among others. The "TIGER Semiconductor TOP 10 Covered Call Active," which is scheduled to be listed on the 21st, will also pay distributions on the 15th of each month.

Jung Huyeon, Head of ETF Management at Mirae Asset Global Investments, stated, "The TIGER Dividend Covered Call Active ETF is a product that allows investors to consider both stability and profitability through active management, even during volatile market conditions. In the first half of this year, we are providing distributions of up to 2% per month, delivering consistent cash flow to investors through regular distributions."

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