Mirae Asset Securities, First in Securities Industry to Surpass 10 Trillion KRW in DC Reserves

Mirae Asset Securities announced on the 4th that its defined contribution (DC) retirement pension reserves reached 10.0283 trillion KRW as of the 1st, becoming the first in the securities industry to surpass 10 trillion KRW in DC retirement pension reserves.

As of the end of 2023, Mirae Asset Securities' DC retirement pension mid- to long-term average annual returns recorded 5.2% over 5 years, 3.87% over 7 years, and 3.22% over 10 years, ranking first in all three periods among the top 10 operators by retirement pension reserves, demonstrating its strength as a leader in retirement pensions.

Additionally, the proportion of performance-linked products within DC reserves stood at 53% as of the end of 2023, exceeding the industry average of 18%, showcasing the essence of an "investing pension." The reserves amounted to 4.8 trillion KRW, representing approximately 26% of the total 18.2 trillion KRW in performance-linked products across all operators.

Mirae Asset Securities provides a differentiated global diversified investment portfolio service through its retirement pension portfolio services (robo-advisor and MP subscription service), striving to enhance customers' diversification and returns. As of March 31, the DC reserves amounted to 661.9 billion KRW for the robo-advisor and 543 billion KRW for the MP subscription service.

Choi Jong-jin, Head of the Pension Division at Mirae Asset Securities, stated, "As the demand for investing pensions grows and many retirement pension customers choose our services, we will do our best to improve customer returns and ensure workers’ peaceful retirement through stable diversification based on global asset allocation."