True
The 'RISE Korea Value-up Wide Covered Call ETF' operated by KB Asset Management has surpassed 400 billion won in net assets, according to the fund's publicly available portfolio information from the asset manager.
KB Asset Management's RISE Korea Value-up Wide Covered Call ETF is an income-oriented fund that applies a covered call strategy to Korean large-cap value stocks. The 400 billion won net asset milestone is reflected in the portfolio disclosure image published on the asset manager's official website.
The fund's growth reflects continued investor demand for income-generating products in the domestic ETF market, where covered call ETFs that combine equity exposure with option-writing premiums have expanded their footprint in recent years.
The product tracks a value-up-oriented basket of Korean large caps, offering investors monthly distributions derived from option premiums alongside underlying equity exposure.
Korean asset managers have rushed to list value-up themed products since regulators and exchanges pushed companies to disclose value-up plans, with covered call variants among the most popular structures for retail investors seeking income.
The 400 billion won scale places KB's offering among the more successful launches in the domestic covered call segment, though full AUM comparisons across competitors were not part of the available disclosures.
The claim that KB Asset Management's RISE Korea Value-up Wide Covered Call ETF has exceeded 400 billion won in net assets is True.