[Seoul=Newsis] Reporter Kang Soo-yoon = Mirae Asset Global Investments announced on the 16th that it will newly list the ‘TIGER Nvidia US Treasury Covered Call Balance (Synthetic) ETF’ on the Korea Exchange on the 17th.
The ‘TIGER Nvidia US Treasury Covered Call Balance (Synthetic) ETF’ is a bond-mixed ETF that seeks both the growth potential of Nvidia, which leads the global AI industry, and the stability of the US 30-year Treasury bond. Its portfolio consists of 30% Nvidia stock and 70% US 30-year Treasury bonds, aiming for the effect of diversification through a balanced asset allocation of stocks and bonds.
Particularly, as a covered call monthly dividend ETF, it aims for a balance of growth and income. In typical bond-mixed ETFs, a covered call strategy is applied to the stock underlying asset, but this ETF implements the covered call strategy on the US 30-year Treasury bond instead of Nvidia stocks. Through this, it is designed to fully participate in Nvidia’s stock price rise while generating monthly cash flow dividends from the US 30-year Treasury bond.
This product can be fully invested in from retirement pension (DC, IRP) accounts. Investors with a stable inclination can enjoy Nvidia’s growth potential, the stability of the US 30-year Treasury bond, and monthly dividends through the ‘Nvidia US Treasury Covered Call Balance (Synthetic) ETF’ within their retirement pension account.
To commemorate the launch of the ‘TIGER Nvidia US Treasury Covered Call Balance (Synthetic) ETF,’ Mirae Asset Global Investments is hosting a listing celebration event for trading customers. Customers who meet the daily trading conditions for this ETF through SK Securities, Eugene Investment & Securities, and Daishin Securities will be given cultural gift certificates through a draw. More details about the event can be found on each securities company’s website.
Oh Dong-jun, head of the strategic ETF operation team at Mirae Asset Global Investments, said, “By investing in the ‘Nvidia US Treasury Covered Call Balance (Synthetic) ETF’ in a pension account ahead of the year-end tax settlement season, investors can enjoy a triple benefit of tax deduction, Nvidia’s growth potential, the stability of the US 30-year Treasury, and monthly dividends targeting a 12% annual level. We expect that it will enable effective response through asset allocation even when volatility in the global stock market expands in the future.”