The event is open to customers who register for the "Savings" feature with the ACE US Dividend Dow Jones ETF in their Kakao Pay Securities pension savings account within the Kakao Pay app by July 31, and who purchase at least one share by August 31. A total of 500 winners will be selected by lottery to receive a Baskin Robbins pint mobile voucher. Winners will be individually notified on September 4.
The ACE US Dividend Dow Jones ETF tracks the same index as the leading US dividend growth ETF, the Schwab US Dividend Equity ETF (SCHD), which is the Dow Jones U.S. Dividend 100 Price Return Index. This index selects 100 companies listed in the US that have paid dividends for more than 10 years and have strong fundamentals, investing in them using a market capitalization-weighted approach. As a monthly distribution product, it pays out dividends every month.
The ETF also features a low expense ratio. To help customers who invest long-term through regular contributions improve their returns, the fee has been reduced to 0.01%, which is among the lowest in the industry. Thanks to these advantages, individual investors have made net purchases of the ACE US Dividend Dow Jones ETF totaling 40.5 billion KRW since the beginning of the year.
Nam Yongsoo, Head of ETF Management at Korea Investment Management, said, "The ACE US Dividend Dow Jones ETF is a US dividend stock investment strategy suitable for investors seeking stable cash flow over the medium to long term. We will continue to offer a variety of products to make it easier for investors to access US dividend strategies."
The ACE US Dividend Dow Jones ETF is a performance-based product, and past performance does not guarantee future results. In addition, losses of principal may occur depending on investment results, so investors should exercise caution.
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