Samsung Asset Management announced on the 12th that it has newly launched the "Samsung ETF Dividend Every Month" public fund as "Samsung ETF Dividend Twice a Month." It is the first in the country to increase the frequency from monthly dividends to twice a month. The target dividend rate is 5% annually.
"Samsung ETF Dividend Twice a Month" pays out distributions on the 1st and 15th of each month. Samsung Asset Management expects this to be a significant advantage for retirement investors who need fixed living expenses or investment funds.
"Samsung ETF Dividend Twice a Month" constructs investment portfolios as a domestic monthly dividend exchange-traded fund (ETF). It diversifies investments across various asset classes, including stocks, bonds, alternative assets, and covered calls.
Currently, it includes ▲ The domestic version of KODEX U.S. Dividend Dow Jones, investing in high-dividend stocks in the U.S. such as SCHD (Schwab U.S. Dividend Equity ETF), ▲ The domestic version of KODEX U.S. Dividend Covered Call Active, and ▲ KODEX 200 Target Weekly Covered Call, which lowers tax burdens by investing in domestic stocks ▲ KODEX Korea Real Estate Investment Trust Infrastructure, which benefits from separate taxation.
The fund manager also oversees based on expected revenue, volatility, and distribution rates. If the profitability of a specific asset class decreases, they shift to relatively stable assets like bonds.
"Samsung ETF Dividend Twice a Month" public fund can be subscribed through Samsung Securities, IBK Securities, Eugene Securities, Yuanta Securities Korea, and Samsung Life Insurance. Samsung Asset Management plans to expand the sales companies in the future.
Hwang Hee-young, manager at Samsung Asset Management, said, "We have restructured to provide an optimized solution for investors seeking continuous dividends by setting a target revenue and establishing a structure for twice-a-month dividends," adding, "We will pursue stable revenue in the long term by combining expert ETF selection and flexible asset allocation strategies.