Mirae Asset Global Investments announced on 4th that its 'TIGER CD Rate Plus Active (Synthetic) ETF' will pay a distribution of 2,405 won per share. The distribution payment date (record date) is January 31.
The 'TIGER CD Rate Plus Active (Synthetic) ETF,' which was listed in December last year, is a monthly dividend interest product that pays out accumulated interest as a monthly distribution. If the consumer price index rises or remains the same compared to the previous month, an additional interest of up to 0.1 percentage points (P) will be added. If the consumer price index falls compared to the previous month, only the base CD 91-day interest rate will be paid.
Unlike existing interest-type ETFs, this ETF is characterized by distributing all accumulated interest at the end of each month. The total expense is 0.0098% per annum, the lowest level among interest-type ETFs listed in the domestic market. Since expenses like fees can significantly impact returns, it may contribute to an increase in investors' real returns, according to Mirae Asset.
Jeong Seung-ho, head of the FICC ETF management team at Mirae Asset Global Investments, noted, "In the face of increased market uncertainty following the inauguration of the Trump administration in the U.S., interest-type ETFs that consistently generate monthly distributions from high-interest rates are gaining attention. Investors looking to utilize cash assets more efficiently or wanting to manage their retirement accounts stably should consider actively using this."