NH Investment & Securities 'IM Global Blue-Chip Wrap' Surpasses 10 Billion KRW in One Month

[Asia Economy Reporter Kum Boryeong] NH Investment & Securities has attracted over 10 billion KRW in funds for the wrap product it launched last month.

NH Investment & Securities announced on the 26th that the cumulative sales of the 'NH IM(Global Blue Chip Wrap)' reached 11.7 billion KRW as of the 24th. Considering it was launched on the 21st of last month, it surpassed 10 billion KRW in just one month.

The NH IM(Global Blue Chip Wrap) focuses on long-term investments in overseas blue-chip stocks such as those in the US and China, with advisory support from IM Capital Partners. To maintain a stable portfolio and encourage long-term investment, the minimum subscription amount was set at 100 million KRW.

IM Capital Partners is an asset management firm established in Hong Kong by CEO Lim Seong-ho, who worked for over 20 years at Mirae Asset Global Investments. From late 2014, Lim managed the Mirae Asset China Growth Fund, achieving a return of over 80% in three years. This performance earned a 5-star rating (the highest) from the US fund rating agency Morningstar.

NH Investment & Securities took note of CEO Lim’s achievements, who is one of the few Koreans to directly manage funds overseas, and actively launched the product early last year after Lim became independent.

An NH Investment & Securities official explained, "Recently, there has been significant demand among high-net-worth individuals to allocate assets to overseas blue-chip stocks," adding, "Investors who resonate with a portfolio consisting of stable US and high-growth Chinese blue-chip stocks have been steadily inquiring."

This content was produced with the assistance of AI translation services.