[Asia Top Brand] Daishin Securities, Customized Asset Management for Loss Funds 'Fund Care Lab'

[Asia Economy Reporter Koh Hyung-kwang] Amid increased volatility causing many equity funds to record negative returns, Daishin Securities has introduced a service focused on post-management of funds, attracting significant investor interest. The wrap account service "Fund Care Wrap Season 2" offers customized asset management services to customers who transfer funds that have incurred losses from other financial companies to Daishin Securities.

'Fund Care Wrap' is designed with an emphasis on strengthening post-management for customers holding funds that have experienced losses. Customers who subscribe to the service can maintain their funds by paying only a low investment discretionary fee instead of the relatively high fund sales commission. Simply transferring the loss-incurring funds to Daishin exempts customers from paying the fund sales commission to the original sales company. As a high-risk grade service, the minimum subscription amount is 1 million KRW, and early redemption is possible at any time without additional fees. Additionally, subscribers regularly receive reports containing fund status analysis, causes and outlook of losses, and strategic plans.

Since the simplification of the fund sales company transfer procedure implemented in 2016, customers can easily move their funds to another financial company by visiting the branch to open an account and apply for the transfer. Customers who transfer loss-incurring funds held at other companies through this service can receive personalized asset management services through branch managers and portfolio managers.

Yoon Seok-young, Head of the Wrap Business Division at Daishin Securities, stated, "The adverse effects that began with the COVID-19 pandemic have expanded into simultaneous negative factors such as global supply chain disruptions, economic downturn concerns, a sharp drop in international oil prices, and corporate earnings slowdowns, amplifying uncertainty. This is a time when post-management of held financial products is necessary." He added, "We hope the Fund Care Wrap service will help investors whose financial assets are left in a loss state to recover."

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