Samsung Asset Management announced on the 2nd that it is collaborating with the investment management app ‘Domino’ to hold the ‘KODEX ETF Investment League’ event until the 24th of this month. This league is a real investment competition based on the performance of KODEX Exchange-Traded Funds (ETFs).
Anyone who links their KODEX ETF holding account through the Domino app can participate in this KODEX ETF Investment League. Participation is easy through linking MyData with accounts from all domestic securities firms. All KODEX ETF products are eligible for participation, and the KODEX ETFs held in the linked accounts include both previously held products and newly purchased ones.
To engage participants, the top 7 ranked participants’ held KODEX stocks will be disclosed in real-time during the league period, and after the league ends, the final returns and held stock names of the top 3 participants by return will also be revealed.
During the competition period, the returns of held KODEX ETFs will be calculated, and prizes will be awarded as follows: 1st place will receive a Galaxy Tab S9+ (1 person), Galaxy Watch Ultra 47mm (2 people), Galaxy Buds 3 Pro (4 people), BHC chicken set (10 people), and Starbucks coffee (1,200 people) will be given through a lottery for participants.
A Samsung Asset Management official said, “This investment league will not only increase customers’ interest in the ETF market but also serve as a platform for investors to establish and share their own investment strategies. It will also provide an easy opportunity for new investors unfamiliar with ETFs to experience ETF investing.”
Detailed information about the ‘KODEX ETF Investment League’ can be found through the Domino investment management app.
Meanwhile, the investment management app ‘Domino,’ operated by the fintech company ‘FastForward,’ is a mobile application that manages various investment portfolios including domestic stocks, foreign stocks, funds, bonds, and foreign exchange by linking them. It offers real-time global market prices, portfolio return management, asset allocation management, dividend management, and various other investment management functions. Since its launch in 2021, it has accumulated 380,000 members and 100,000 MyData-linked customers.
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