Mirae Asset Launches Active KOSPI 200 Covered Call ETF

Mirae Asset Global Investments launched the TIGER 200 Covered Call Active ETF (0262B0), combining an actively managed portfolio of KOSPI 200 stocks with a flexible options-selling strategy. The fund seeks to outperform its KOSPI 200 Covered Call 5% Out-of-the-Money benchmark by overweighting market-leading sectors and adjusting call option exposure according to market conditions, volatility and the manager's outlook. The strategy aims to generate income from option premiums while retaining some participation in Korean equity market gains, although selling calls can limit upside potential. The ETF offers monthly distributions, with payments scheduled around the middle of each month, adding another actively managed income option to Korea's increasingly competitive covered-call ETF market.