As the domestic stock market becomes more active and foreign capital inflows increase, Fint's artificial intelligence (AI) investment strategy is delivering high returns.
December & Company, which operates the AI-based simple investment service 'Fint', announced on June 17 that its flagship stock investment algorithm, the 'Korean Stock Solution', has significantly outperformed the KOSPI200 index in line with the recent recovery trend in the domestic stock market.
Fint's AI investment algorithm is attracting attention by outperforming major indices. According to the Koscom Robo-Advisor Testbed results as of June 13, the cumulative return of December's Korean Stock Solution stood at 45.41%, which is 24.6 percentage points higher than the KOSPI200's 20.81% over the same period.
Recently, as the domestic stock market has shown a steady recovery amid expectations for market revitalization following a change of government and an increase in foreign capital inflows, Fint's AI algorithm has demonstrated stable performance by responding precisely to market changes.
Since its launch in January 2024, Fint's Korean Stock Solution algorithm has actively included undervalued, high-quality low PBR (Price-to-Book Ratio) stocks. As the government-led stock market stimulus policy, the 'Corporate Value-Up Program', gained momentum, the share prices of these stocks rebounded rapidly, which is analyzed to have had a positive impact on the algorithm's returns.
In January this year, the number of managed accounts was around 900, with approximately 8 billion KRW in discretionary assets. Six months later, the number of managed accounts has nearly doubled to 1,700, and the discretionary assets have more than doubled to 19 billion KRW.
Fint's 'December ISAAC Asset Allocation Global' algorithm is also delivering outstanding results. According to the Robo-Advisor Testbed, it recorded a one-year return of 13.24%. It ranked first in returns among all asset allocation algorithms listed on the testbed.
December is continuously advancing its rebalancing system in response to market changes to increase the precision of its AI investment algorithms. The company is also accelerating the diversification of strategies tailored to individual investors' preferences, such as launching discretionary services for Individual Retirement Pension (IRP) accounts.
Song Inseong, CEO of December & Company, said, "Amid recent changes and expectations in the domestic market, Fint's strategy has proven its effectiveness," and added, "Based on our algorithm's strength in long-term investment, we will further strengthen strategies that pursue both stability and returns, not only in bullish markets but also during downturns."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
