Kyobo Securities Launches 'Kyobo IM Global Blue-Chip Stock Wrap'

Kyobo Securities announced on the 17th that it has launched the advisory-type wrap account product 'Kyobo IM Global Blue-Chip Wrap.'

A wrap account is a customized asset management service where a securities company signs a discretionary investment contract with a client, constructs a suitable portfolio, and manages the client's assets. The Kyobo IM Global Blue-Chip Wrap is managed by Kyobo Securities using portfolio advice from IM Capital Partners. This product focuses on investing in about 15 high-quality global overseas stocks and related exchange-traded funds (ETFs) that have market dominance and are expected to grow profits, mainly in countries such as the United States that show steady long-term growth, aiming for mid- to long-term performance.

Jo Seong-ho, Head of Asset Management Division, said, "Recently, there has been increasing demand among high-net-worth individuals to allocate assets to global blue-chip stocks such as those in the U.S. for long-term investment," adding, "Diversified investment using overseas portfolios centered on the U.S. can be a stable and sustainable investment strategy in uncertain market conditions."

The minimum subscription amount is 50 million KRW, and management fees and performance fees apply. Principal loss may occur due to price and exchange rate fluctuations of the invested assets. For more details about the product, please contact Kyobo Securities branches or the customer support center.