Timefolio Asset Management announced on the 16th that the ‘TIMEFOLIO Korea Plus Dividend Active ETF’ will pay a special dividend totaling 2.0% annually at the end of October. Despite the KOSPI 200 index falling 2% since the beginning of the year, the ETF rose 23%, demonstrating Timefolio Asset Management’s excellent management capabilities. To return profits to investors, the industry’s first biannual special dividend will be implemented.
The special dividend rate combines a 1.5% special dividend in October with the existing monthly dividend of 0.5%. If investors had invested in the ETF since the beginning of the year, they would have achieved a cumulative dividend yield of 7.5% plus a cumulative capital gain of 23% from the ETF’s price increase, resulting in a total cumulative return exceeding 30%. This performance surpasses the 22% and 21% increases of the S&P 500 and Nasdaq 100 indices, respectively, since the start of the year. It is establishing itself as a reliable investment alternative for individual investors recently moving into the U.S. stock market.
Namho Kim, Deputy General Manager at Timefolio Asset Management, explained, "The government’s implementation of the Korea Value-Up program is positively influencing shareholder return policies of domestically listed companies, and we are carefully monitoring the companies’ compliance with related policies." He added, "As the value of the domestic stock market rises through the Korea Value-Up program, we plan to actively include new leading stocks emerging from this trend. Through consistent monthly and special dividends, we aim to provide investors with opportunities to enjoy stable dividend income and high capital gains simultaneously."
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