Shinhan Securities Excels in Top 5 Sectors of Retirement Pension Default Option Returns

Shinhan Investment Corp. announced on the 19th that it was selected in five categories as one of the 'Top 5 Companies by Return Rate for Four Risk Levels' in the 2024 Q2 Retirement Pension Pre-Designated Operation System (Default Option), making it the most selected securities company.

As of the end of Q2 2024, Shinhan Investment Corp.'s high-risk product group, ‘Shinhan Investment Corp. Default Option High-Risk BF3’, achieved returns of 21.57% over the past year and 15.41% over six months, ranking within the top 3 in both periods. Additionally, the medium-risk product group ‘Medium-Risk BF3’ and the low-risk portfolio 3 also showed strong performance, with 1-year returns of 11.84% and 7.95%, respectively, placing them among the top 5 products by return rate, demonstrating consistently high results across different operation periods and risk levels.

Excluding ultra-low risk products that include fixed deposits, Shinhan Investment Corp. has emerged as a leader in retirement pension default options. Among a total of 41 retirement pension providers, including banks and insurance companies, Shinhan Investment Corp. ranked in the top 5 in 5 out of 8 categories for 6-month and 1-year risk-level returns announced by the Ministry of Employment and Labor.

The Shinhan Investment Corp. default option is characterized by constructing individual portfolios by combining asset allocation funds such as Target Date Funds (TDF) and Balance Funds. In particular, the outstanding performance of the ‘Shinhan Balance Pro Fund’, an exclusive asset allocation fund (BF) managed by Shinhan Asset Management, served as a driving force behind the increase in returns, based on portfolio advisory services provided by the Shinhan Investment Product Solutions Department, which has strengths in investment strategy consulting.

Subscribers can designate and purchase the Shinhan Investment Corp. retirement pension default option directly through the Shinhan SOL Securities app after confirming their investment preferences and product risk levels.