Mirae Asset Daewoo's 'GlobalX Portfolio Advisory Wrap' Sales Surpass 100 Billion KRW

[Asia Economy Reporter Song Hwajeong] Mirae Asset Daewoo announced on the 20th that the sales of the ‘Global X Portfolio Advisory Wrap’ have surpassed 100 billion KRW for the first time in the industry.

This is the first time that a single product among overseas listed exchange-traded fund (ETF) investment wrap accounts launched domestically has exceeded 100 billion KRW in sales, marking the largest scale in the industry.

Mirae Asset Daewoo cited the reasons for the increase in sales as ▲ the prolonged domestic low-growth trend leading to increased investor interest in overseas stocks and ETF investments ▲ Global X’s differentiated investment portfolio, which has strengths in managing thematic ETFs such as the 4th Industrial Revolution and income ▲ offering investors the option to invest according to their preferences by presenting an ‘innovation growth portfolio’ that pursues continuous innovative growth through the 4th Industrial Revolution rather than typical index investing, and an income portfolio that seeks high dividend yields.

Kim Jeongbeom, Head of Customer Asset Management at Mirae Asset Daewoo, said, “The Global X Portfolio Advisory Wrap is a product that combines Mirae Asset’s global ETF network, which supplies and manages ETFs in nine countries worldwide including Korea, the United States, Canada, Australia, and Hong Kong,” adding, “We will continue to strive to contribute to the growth of our customers’ assets through consistent performance.”

The Global X Portfolio Advisory Wrap allows investors to freely switch among three portfolios (innovation growth, income, balanced) within a single product via phone, providing the advantage of flexible response to changing market conditions.