KB Asset Management said on the 14th that it will hold a customer appreciation event to mark the first anniversary of listing its monthly distribution covered-call strategy exchange-traded fund (ETF), the "RISE Daily Fixed Covered Call" series.
From the 15th of this month, the company plans to offer prizes through a drawing for customers who certify ETF purchases, including ▲ a Shilla Hotel The Parkview meal voucher for two ▲ a 50,000-won Baemin gift card ▲ a Starbucks Americano.
In addition, to commemorate the first anniversary of the "RISE Daily Fixed Covered Call" series listing, KB Asset Management will hold a live seminar on the official "RISE ETF" YouTube channel at 5 p.m. on the 16th. Manager Seong Nakhyeon, who is in charge of product management, will appear to introduce the performance of the "RISE Daily Fixed Covered Call" series over the past year and the future management direction.
KB Asset Management is currently managing three Daily Fixed Covered Call series products: ▲ "RISE U.S. AI Value Chain Daily Fixed Covered Call" ▲ "RISE U.S. Tech 100 Daily Fixed Covered Call" ▲ "RISE U.S. Dividend 100 Daily Fixed Covered Call."
The series applies a "third-generation covered call" strategy that sells call options at a 10% weight of the underlying index each day. KB Asset Management explained that it is designed to secure premium revenue when market volatility increases while tracking about 90% or more of index gains.
Noh Areum, head of the ETF Business Division at KB Asset Management, said, "The 'RISE Daily Fixed Covered Call' series has received a strong response, surpassing 500 billion won in net assets just one year after listing based on steady monthly distribution performance," adding, "We will continue to expand a stable income ETF lineup that is not swayed by market volatility."