Solactive and KB Asset Management Partner for the First Time with ETF Launch Tracking Realty Income Index

February 20, 2024--Solactive is delighted to announce KB Asset Management's introduction of the KB KBSTAR Global Realty Income ETF in Korea, tracking the Solactive Global Realty Income Index, marking the initiation of partnership and further expanding Solactive’s presence in the region.
The Solactive Global Realty Income Index comprises REIT securities known for their appealing dividend payments. Notably, Realty Income Corp and the Macquarie Korean Infrastructure Fund (MKIF) are included as fixed components.

Both constituents provide steady income streams to investors in the form of dividends and/or over-distribution of profits. Realty Income Corp is the largest net lease REIT in the market, providing monthly dividend distributions, while MKIF invests in landmark infrastructure assets of Korea. The remaining eight securities are chosen from the Industrial and Warehouse Equity REITs, Data Center Equity REITs, Manufactured Homes Equity REITs, and Tower Equity REITs sectors based on their dividend growth, offering strategic exposure to the long-term prospects of the real estate market.

The ETF listed on the Korean Stock Exchange on 20 February under the ticker code 475380.KS.

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China's Economy Has Not Peaked

January 7, 2025--Chinese policymakers should allow for a more market-driven allocation of land, money, and labor.
Summary
China's GDP is growing. Youth unemployment is down. And the property-market crisis is moderating. But the economy's dynamism is missing.