Hanwha Asset Management Accelerates Individual Investor Inflow with Tesla Covered Call ETF

Hanwha Asset Management announced that its 'PLUS Tesla Weekly Covered Call Bond Mixed' ETF is attracting individual investors due to its high distribution yield, with a monthly rate of 2.07% (annualized 24.82%) paid for May. The ETF, which invests in growth stock Tesla while aiming for steady cash flow, has seen its net assets grow to 130.4 billion KRW as of May 13.

Get the next 8/10 catalyst

Telegram alerts when our AI scores a story 8+/10 (~1-3 per day, no spam). Verified 30d hit rate 52.3%.

Join Telegram channel or scan with phone →