Samsung AM’s Semiconductor Covered Call ETF Lists on the 12th With Samsung Electronics and Hynix at Half

Samsung Asset Management will list a new exchange-traded fund, the KODEX Semiconductor Target Weekly Covered Call ETF, on the 12th to pursue both investment in major Korean semiconductor stocks and month-end dividend income. The ETF is structured with roughly half of its portfolio allocated to Samsung Electronics and SK Hynix, Korea’s leading chip names. As indicated by its name, the product uses a covered call strategy to seek stock exposure and dividend income at the same time. It was introduced as a fund aimed at investor interest in key semiconductor stocks and regular cash flow amid strength in the domestic stock market. Source: mk.co.kr