KB Asset Management announced on the 18th that it will launch an exchange-traded fund (ETF) that invests in U.S. banks, Tesla, and U.S. government bonds.
KB Asset Management explained that the 'RISE U.S. Bank TOP 10 ETF' and 'RISE Tesla U.S. Government Bonds Target Covered Call Hybrid (Synthetic) ETF' launched that day are stocks expected to benefit under the pro-business policy stance of President Donald Trump.
The 'RISE U.S. Bank TOP 10 ETF' is the first product in Korea to invest in 10 large U.S. banks. The U.S. financial industry is one of the largest and most stable markets globally, with the total assets of the top 10 U.S. banks accounting for about 60% of global bank assets.
The major components include JPMorgan (19.9%), Bank of America (17.3%), Wells Fargo (12.6%), and Morgan Stanley (11.0%). These representative U.S. corporations operate both commercial banking and investment banking, providing a stable revenue structure. Given the high likelihood that the Trump administration will pursue easing financial regulations and simplifying reviews of bank mergers and acquisitions (M&A), additional growth is expected.
The 'RISE Tesla U.S. Government Bonds Target Covered Call Hybrid (Synthetic) ETF' combines Tesla's high growth potential with the stability of U.S. government bonds, seeking additional revenue through a covered call strategy while reducing volatility.
It is based on a portfolio composed of Tesla (30%) and U.S. 30-year government bonds (70%). It utilizes a covered call strategy by selling call options on Tesla and U.S. government bonds to seek a 15% premium. It is suitable for investors looking to actively manage their overseas stock investment through 100% investment in retirement accounts.
No Ah-reum, head of the ETF business unit at KB Asset Management, noted, 'The two ETFs being launched this time are products expected to achieve balanced growth in finance and innovative technology due to the regulatory relaxation in the second term of Trump.'