Covered-call ETFs saw 11trillion won of inflows, net assets 26trillion won and 7655billion won.
The combined net asset value of covered-call exchange-traded funds (ETFs) rose to 9as of the 26trillion won and 7655billion won mark. That is a flow that has increased by more than 15trillion won and 1087billion won from the start of the year.11.}
Amid the recent roller-coaster swings in the domestic stock market, investors are moving money into covered-call exchange-traded funds (ETFs) for downside protection.
12According to the financial investment industry on the 9the combined net asset value of covered-call ETFs stood at 26trillion won and 7655billion won.
At the start of the year, it was 15trillion won and 1087billion won, and it has grown by more than 11trillion won.
Compared with the total as of a month ago, 25trillion5062won, it has increased by 1almost trillion won.
During this period, the KOSPI fell by more than 10%, while the Nasdaq and the Standard & Poor’s (S&P)500 index1rose only by around %.
Asset managers are rolling out active covered-call products that flexibly adjust the share of options sold one after another. The products being launched highlight a structure that increases or reduces the share of options sold depending on market conditions.
The financial investment industry says net assets increased even in the midst of weak index performance, as investors continued to seek covered calls as a way to protect against downside risk.
With this inflow of funds, both the expansion of the asset base of covered-call-related ETFs and greater product diversification are emerging at the same time.
Sources: 파이낸셜뉴스 증권
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.