Samsung Asset Management announces ETF splitting assets between U.S. Treasury bills and Nasdaq-100
Samsung Asset Management announced that its KODEX 미국나스닥100미국채혼합50 ETF will list on November 10, allocating half its assets to U.S. Treasury bills with one to three months remaining to maturity and half to the Nasdaq-100. The fund will rebalance daily to maintain the 50–50 allocation within a tolerance of one percentage point. It will make monthly distributions, with the 15th as the record date, funded by stock dividends and Treasury interest income.