Daishin Asset Management, a subsidiary of Daishin Securities, said Thursday it has listed an exchange-traded fund called "DAISHIN343 Office REIT Plus," featuring monthly dividends and tax benefits.
The ETF tracks the KRX Prime Office REIT Index and invests in real estate investment trusts (REITs) backed by prime office properties. The structure allows individual investors to diversify into multiple premium real estate assets with small amounts of capital.
The fund comprises the top 10 REITs by average daily market capitalization among those with high office asset exposure. It is managed through a full replication method that mirrors the underlying index. The total expense ratio stands at 0.19% annually.
The ETF adopts a monthly distribution structure, providing stable cash flow to investors. The estimated dividend yield based on the underlying index is approximately 6% per year. For investments of up to 50 million won made by the end of this year, dividend income generated over three years will be subject to separate taxation at a rate of 9.9%.
"This product is suitable for investors who want monthly cash flow and tax benefits at the same time," said Lee Jae-woo, managing director at Daishin Asset Management. "We will offer both stability and dividend appeal through REITs focused on prime office properties."