KoAct High Dividend Active ETF Surpasses 60 Billion Won in Net Assets Just Over Two Months After Listing

[Financial News] As stock-market volatility rises amid global uncertainty, funds are flowing into products that provide steady monthly cash flow.
According to the Korea Exchange (KRX) on the 28th, the net assets of Samsung Active Asset Management's KoAct High Dividend Active ETF stood at 62.5 billion won as of the 23rd. That was about two months after the ETF was listed on July 28.
Individual investors were particularly active buyers. Their cumulative net purchases reached 23.9 billion won since the ETF's listing, while its return over the period was 4.12%.
The ETF will pay a monthly distribution of 82 won per share this month. The total distribution rate is approximately 0.8%, and the distribution is scheduled to be paid on the second day of next month. Investors must purchase the ETF by today to receive this distribution.
KoAct High Dividend Active ETF is a monthly dividend ETF that selects and invests in stocks with high dividend yields. It is managed under a strategy that invests in potential high-dividend stocks expected to deliver earnings growth or increase dividends through expanded shareholder returns. The ETF seeks excess returns through solid dividend income and trading gains generated by rising corporate valuations.
Capitalizing on the advantages of active management, the ETF proactively adjusts the weights of its holdings. It reduces exposure to stocks whose dividend income is expected to decline because of deteriorating earnings, while selectively adding stocks with renewed momentum for shareholder returns.
Major holdings include Hyundai Elevator, Woori Financial Group, GS Group, JB Financial Group, DB Insurance and Samsung Electronics Preferred Shares.
Nam Eun-young, head of the Investment Management Team 1 at Samsung Active Asset Management, explained, "We do not simply invest in stocks that pay high dividends. We invest in companies that pay high dividends and are expected to increase their dividends further or undergo changes through investment in new businesses. Active ETFs pursue alpha returns not only through dividend income but also by investing in preferred shares with a large price gap relative to their common shares."
[email protected] Seo Min-ji Reporter