Shinyoung Securities Launches "Shinyoung K Dividend Select Wrap"

Shinyoung Securities announced on December 22 that it has launched the advisory wrap account "Shinyoung K Dividend Select Wrap," which seeks stable dividend income by focusing investments on companies expected to offer high dividends and qualify for separate taxation on dividend income.

This wrap account is managed with investment advisory services from Shinyoung Asset Management, an asset manager pursuing value investing. Portfolio managers from the Dividend Value Division, who have experience managing high-dividend funds, are directly participating as advisors for this product.

"Shinyoung K Dividend Select Wrap" is designed to actively utilize the expanded "separate taxation for high-dividend listed companies" system following the recent amendment to the Restriction of Special Taxation Act passed by the National Assembly. By investing in high-dividend companies, the product aims for stable dividend income while maximizing tax-saving benefits. Companies deemed eligible for separate taxation are prioritized for inclusion, and the optimal portfolio is constructed by referencing Shinyoung Asset Management’s advice on competitiveness, stability, governance, and valuation.

In addition, since wrap accounts are managed on an individual account basis rather than as collective accounts, investors can fully benefit from separate taxation on dividend income. Through HTS and MTS platforms, investors can check their holdings, allocation ratios, and transaction history at any time, ensuring high transparency in management. The product also focuses on a concentrated portfolio of selected stocks, providing a more condensed investment approach.

"Shinyoung K Dividend Select Wrap" is available for subscription at Shinyoung Securities branches nationwide, with a minimum investment amount of 50 million KRW. Early termination is possible depending on circumstances, allowing for flexible fund management.

A Shinyoung Securities representative stated, "Shinyoung K Dividend Select Wrap will be the optimal alternative for investors seeking both tax savings and profitability amid the trend of enhanced shareholder returns," adding, "We will continue to actively collaborate with our internal infrastructure and outstanding external asset managers and advisors to introduce a variety of wrap products in the future."