[2024 Asia Fund Awards] Mirae Asset Global Investments' 'Plus Dividend'... Spotlight on Retirement Fund Investors

Best Asset Manager in the ETF Sector

Mirae Asset Global Investments was selected as the Best ETF Manager in the 15th '2024 Asia Fund Awards.'

One of the representative products in Mirae Asset Global Investments' ETF series, the 'TIGER US Dividend +7% Premium Dow Jones ETF,' is popular as a leading monthly dividend ETF in Korea. The TIGER US +% Premium ETF series is a covered call ETF in which Mirae Asset Global Investments was the first in the world to introduce the ‘+% Premium’ strategy. Unlike typical covered call ETFs that sell call options 100%, the +% Premium strategy adjusts the proportion of option sales to maintain a targeted premium. It expects a dividend yield that adds a certain percentage (+%) to the underlying index's average annual dividend yield. The extent of stock price appreciation and dividend income varies depending on the proportion of option sales.

Tracking the Dow Jones Index, a representative US index, the TIGER US Dividend +7% Premium Dow Jones ETF expects a 7% dividend yield. Since its listing in June 2023, it has rapidly grown by paying high monthly distributions based on strong fundamentals even in a high-interest-rate environment, ranking 7th in net individual purchases among all domestic ETFs in 2023.

Securing a stable dividend source, this ETF, with a monthly dividend of about 1% last year, has attracted attention not only from pension investors but also from those considering a second salary or retirement living expenses.