The products are designed to automate retirement portfolio rebalancing and reduce tax impact.

Korea’s Kiwoom Asset Management has launched two new structured products under its 2040 lifecycle dividend-switching ETF series named Kiwoom US S&P 500 & Dividend Dow Jones Weight Converted ETF (Ticker: 0127T0), and Kiwoom US S&P 500 Top 10 & Dividend Dow Jones Weighted Converted ETF (Ticker: 0127V0). These ETFs are designed to automatically adjust portfolio allocations based on an investor’s life stage These ETFs are designed to automatically adjust portfolio all