Kiwoom Securities Targets BigHit IPO... Public Offering Fund Sales on 24th

[Asia Economy Reporter Oh Ju-yeon] Kiwoom Securities announced on the 23rd that it will sell the public offering fund ‘Coreate KOSDAQ Venture Plus Fund (Mixed Stock Type)’ for one day only on the 24th, targeting the big IPO of the second half of the year, Big Hit Entertainment.

This fund actively participates in large-scale exchange IPOs by utilizing a 30% priority allocation of KOSDAQ venture funds. Coreate Asset Management will raise funds for one day only on the 24th to participate in Big Hit’s institutional demand forecast scheduled for the 24th-25th of this month. Afterward, the fund will temporarily close sales (soft closing) to prevent dilution of returns for existing investors until Big Hit’s listing.

A Kiwoom Securities official said, "If you subscribe to this fund through Kiwoom Securities in the Ae class, you can join without both front-end and back-end sales fees," adding, "We hope investors subscribe to the public offering fund, an alternative product for highly competitive IPO investments, through Kiwoom Securities and achieve good results."

Kiwoom Securities currently does not charge front-end sales fees for Ae class funds on sale (except for some funds). Even if you subscribe to the same fund, subscribing through Kiwoom Securities allows you to avoid paying front-end sales fees to the distributor, making it more affordable.

You can subscribe to the fund through the Kiwoom Asset Management website, Kiwoom Asset Management app, or Hero Moon S (MTS). For more details, please contact the Kiwoom Financial Center.