{"id":61697,"date":"2026-06-23T07:19:11","date_gmt":"2026-06-23T07:19:11","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/61697\/"},"modified":"2026-06-23T07:19:11","modified_gmt":"2026-06-23T07:19:11","slug":"hanwha-asset-management-launches-active-covered-call-etf-on-kospi-200","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/61697\/","title":{"rendered":"Hanwha Asset Management Launches Active Covered-Call ETF on KOSPI 200"},"content":{"rendered":"

\"HanwhaHanwha Asset Management<\/p>\n

Hanwha Asset Management is introducing a monthly-distribution exchange-traded fund (ETF) that combines an active covered-call strategy with a dividend-avoidance strategy for KOSPI 200 investment.<\/p>\n

Hanwha Asset Management said Tuesday that it had newly listed the “PLUS 200 Covered Call Active.”<\/p>\n

The product is an ETF that invests in KOSPI 200 constituent stocks while pursuing monthly cash flow through a call-option selling strategy. The record date for distribution payments is the last business day of each month.<\/p>\n

What sets it apart from existing covered-call ETFs is an active management strategy that flexibly adjusts the weighting of option selling, strike prices, and maturities according to market conditions. Typical passive covered-call products have a fixed option-selling weighting, limiting their response to market changes, but the PLUS 200 Covered Call Active flexibly adjusts its strategy according to the market outlook.<\/p>\n

When a bull market is expected, the fund reduces its call-option selling weighting to increase participation in the KOSPI 200’s rise. Conversely, when a bear market is expected, it expands the option-selling weighting to increase premium income, pursuing volatility defense.<\/p>\n

Another feature is the application of a dividend-avoidance strategy. By selling held stocks before the ex-dividend date and repurchasing them after, the fund pursues returns through trading gains instead of directly receiving dividends. This is designed to reduce the proportion of taxable dividend income and expand distribution resources with relatively high after-tax efficiency, such as option premiums and trading gains.<\/p>\n

The ability to immediately utilize KOSPI 200 daily options if they are introduced in the future is also cited as a strength. The company explained that using shorter-maturity options would increase the frequency of selling and enable detailed management tailored to market conditions.<\/p>\n

“Going one step beyond the existing covered-call method of selling options according to set rules, this will establish itself as a next-generation covered-call investment solution that can actively adjust its strategy in line with market changes,” said Keum Jung-seop, head of Hanwha Asset Management’s ETF Business Division.<\/p>\n","protected":false},"excerpt":{"rendered":"Hanwha Asset Management Hanwha Asset Management is introducing a monthly-distribution exchange-traded fund (ETF) that combines an active covered-call…\n","protected":false},"author":2,"featured_media":61698,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[34704,34706,355,4809,354,5169,23508,34707,34705],"class_list":["post-61697","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hanwha","tag-covered-call-etf","tag-dividend-avoidance-strategy","tag-hanwha","tag-hanwha-asset-management","tag-hanwha-group","tag-kospi-200","tag-monthly-distribution-etf","tag-options-strategy","tag-plus-200-covered-call-active"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/61697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=61697"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/61697\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/61698"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=61697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=61697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=61697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}