Shinhan Financial Investment Launches 'VIP K-Leaders Lab' Service

[Asia Economy Reporter Minji Lee] Shinhan Financial Investment announced on the 29th that it has launched the ‘VIP K-Leaders Advisory Wrap’ service, which primarily invests in domestic small and mid-cap stocks.

The VIP K-Leaders Advisory Wrap is a wrap service that mainly invests in growth sector stocks aligned with current trends, based on advice from VIP Asset Management.

This wrap account service focuses on discovering stocks in growth sectors such as eco-friendly vehicles and renewable energy, with a strategy to maximize returns through flexible market responses.

Park Imjun, Head of Wrap Management at Shinhan Financial Investment, stated, “The VIP K-Leaders Advisory Wrap is expected to achieve good results by appropriately combining the growth stock picking ability of VIP’s star manager Park Seongjae with sectors that align with recent market trends.”

The minimum subscription amount is 50 million KRW or more, and a performance fee of 2.0% per annum is charged. Principal loss may occur due to price fluctuations of the invested assets.