Kiwoom Securities Launches Event Offering Up to 2 Million KRW Cash for Brokerage ISA Accounts

Kiwoom Securities announced on the 9th that it is holding an event offering cash prizes ranging from a minimum of 5,000 KRW to a maximum of 1,000,000 KRW through a lottery for customers who open new brokerage-type ISA accounts or transfer their accounts to Kiwoom Securities by June 28.

An additional cash prize ranging from a minimum of 10,000 KRW to a maximum of 1,000,000 KRW will be awarded through a lottery for net increases of 5 million KRW or more.

The brokerage-type ISA is an account that allows convenient investment in stocks and various financial products while enjoying tax benefits. Interest, dividend income, and other profits and losses generated within the account are aggregated, and up to 2 million KRW (4 million KRW for the low-income type) is tax-exempt, with amounts exceeding this subject to a separate tax of 9.9%.

Meanwhile, Kiwoom Securities does not charge front-end sales fees for funds sold by the company. When subscribing to funds through a brokerage-type ISA account, customers can save on front-end sales fees. However, this applies only to Ae class funds, and some funds are excluded.

For more details about the event, please refer to the Kiwoom Securities website or contact the Kiwoom Financial Center.