Hi Investment & Securities Opens Accumulated Purchase Service for Domestic Stocks and ETFs

[Asia Economy Reporter Minji Lee] Hi Investment & Securities announced on the 3rd that it has launched the ‘Domestic Stock and ETF Regular Purchase Service,’ which allows investors to regularly invest a fixed amount in stocks and ETFs.

Until now, Hi Investment & Securities has only offered fixed-amount regular investment services through funds. However, to provide investors with more diverse investment options, the company has launched this service that automatically purchases domestic stocks and ETF items on designated dates within the amount applied for by the investor.

The Domestic Stock and ETF Regular Purchase Service allows investors to apply for up to five items from the KOSPI 200, KOSDAQ 150 constituent stocks, and ETF items (excluding leveraged and derivative ETFs). Applications can be made in units of 10,000 KRW with a minimum of 50,000 KRW per item, and duplicate registrations are not allowed. The purchase cycle can be set to once a month or once a week, with a purchase period ranging from a minimum of 3 months to a maximum of 3 years. Orders are executed at market price or conditional limit price.

A representative from Hi Investment & Securities stated, “The stock and ETF regular purchase service will be a useful investment tool for long-term investors who want to regularly buy quality stocks with a fixed amount.” They added, “We will continue to expand useful services that can assist investors in their investments.” Customers who wish to use the service can apply through Hi Investment & Securities branches, HTS ‘Saikan Plus,’ and MTS ‘Power of Investment.’