Shinhan Asset Management: Individual Net Purchases of Two SOL Palantir Covered Call ETFs Surpass 130 Billion Won

Shinhan Asset Management announced on November 14 that the cumulative net purchases by individual investors for the two exchange-traded funds (ETFs), 'SOL Palantir Covered Call OTM Bond Hybrid' and 'SOL Palantir US Treasury Covered Call Hybrid,' have exceeded 130 billion won since their listing.

This growth is attributed to the increasing demand from individual investors seeking stable monthly cash flow, as well as the rapidly growing interest from pension investors aiming to expand the proportion of income assets within their pension accounts.

In October, the 'SOL Palantir Covered Call OTM Bond Hybrid' and 'SOL Palantir US Treasury Covered Call Hybrid' ETFs paid monthly distributions of 210 won (2.04%) and 250 won (2.06%) per share, respectively, recording the highest monthly distribution rates among the 157 monthly dividend ETFs listed in Korea.

Kim Gideok, Head of Quant & ETF Management at Shinhan Asset Management, stated, "By maintaining a consistent distribution policy and providing stable, high-level distributions over the past six months since listing, interest from monthly dividend investors has continued to grow." He added, "'SOL Palantir US Treasury Covered Call Hybrid ETF' has secured a Palantir allocation of approximately 30% while still delivering high income, which has significantly increased demand for safe assets within retirement pensions."

Palantir (PLTR) is a global company that provides an AI-based data analytics platform. Its core product lineup includes: the 'Gotham' platform for counter-terrorism and cyber response; the 'Foundry' solution for supply chain and productivity optimization; the 'Apollo' platform for operational automation; and the 'AIP (AI Platform)' enterprise generative AI solution.