[AKyung Hit Products] Hana Financial Investment Pursues High Dividends Through Investments in Samsung Electronics and Financial Stocks

Hana Financial Investment 'Hana High Dividend Financial Tech Lab'

[Asia Economy Reporter Eunmo Koo] Hana Financial Investment's 'Hana High Dividend Financial Tech Lab' invests in Samsung Electronics, a leading domestic company, and financial stocks that pursue stable high dividends. The main investment targets are stocks of Samsung Electronics and the three major financial holding companies, or exchange-traded funds (ETFs) that include them.

Samsung Electronics is composed of business units with global competitiveness and continuously implements shareholder-friendly policies such as share buybacks and dividends. It is also attractive in terms of valuation (stock price level relative to earnings). Financial stocks have a stable business model due to high entry barriers, offer high dividend yields, while their price-to-book ratio (PBR) has fallen to historically low levels, increasing their investment appeal.

The main management strategy is investment using the PBR indicator. For Samsung Electronics, investment timing and weighting are adjusted by setting PBR ranges, and for financial stocks, if the KOSPI's PBR falls below a certain level, purchases are made in installments over a period for long-term investment.

The Hana High Dividend Financial Tech Lab is divided into upfront fee and installment types. The upfront fee type has a minimum subscription limit of 10 million KRW, with additional deposits and withdrawals allowed above 5 million KRW. Fees include an upfront fee of 0.7% and an annual deferred fee of 1.0%. The installment type has a minimum subscription limit of 300,000 KRW, with additional deposits and withdrawals allowed above 300,000 KRW. A deferred annual fee of 1.2% is charged. Partial withdrawals are only possible above the minimum subscription amount.

The contract period is initially one year and is automatically extended annually, but customers can terminate early by paying an early termination fee if desired. It is a discretionary investment contract managed per customer account, and past returns do not guarantee future returns; principal loss may occur depending on management results.

Kwon Changjin, Head of Lab Management at Hana Financial Investment, explained, "The spread of COVID-19 caused a sharp decline in the domestic stock market, creating a good opportunity to generate profits by investing in domestic companies. We created a product that can capture both growth and stability based on Samsung Electronics and financial stocks, whose valuation and dividend appeal have increased."

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