Robo-Advisor Fount Offers '5% Annual CMA' Event to Investment Clients

Launch of 'Pount x Shinhan Financial Investment CMA (RP Type)' Offering Up to 1.8 Million KRW with 5% Annual Preferential Yield

[Asia Economy Reporter Eunmo Koo] Robo-advisor Fount is conducting a CMA (RP type) event offering investors an annual 5% return.

AI asset management leader Fount announced on the 16th that it will hold the "Ddabak Ddabak Challenge" to celebrate the 2nd anniversary of the launch of its robo-advisor-based asset management service, "Fount."

The "Ddabak Ddabak Challenge" is an event where, after opening a 'Fount x Shinhan Financial Investment CMA (RP type)' account through the Fount app and making six monthly payments up to 300,000 KRW each, investors can receive a preferential annual return of 5% (before tax) on up to 1,800,000 KRW. Any Fount investor can apply, and the event ends when 15,000 accounts (one per person) are opened on a first-come, first-served basis.

The Comprehensive Asset Management Account (CMA), a short-term product with flexible deposits and withdrawals offered by securities firms, is widely used as a parking account for salaries or emergency funds because it allows free deposits and withdrawals like a bank checking account and accrues interest even if held for just one day.

The 'Fount x Shinhan Financial Investment CMA (RP type)' product applies an annual 5% (before tax) return only if all preferential conditions are met at the six-month mark after subscription. If the conditions are not met or the monthly amount exceeds 300,000 KRW, a contracted annual return rate of 0.25% applies.

Fount allows investments starting from a minimum of 100,000 KRW in customized portfolios (funds, ETFs, pensions) tailored to individual investment preferences. It offers differentiated services including AI real-time monitoring for fund recommendations and rebalancing, as well as regular investment report publications analyzing global issues.

Kang Sang-gyun, Head of Fount’s Personal Asset Management Division, said, “Investment starts with the habit of saving.” He explained, “We designed this product to provide millennials, who do not feel the need to save in a zero-interest-rate era, with the opportunity to enjoy saving money and build seed money, while offering existing investors a product that reduces risk and absorbs excess investment demand.” He added, “We plan to develop various products and services so that this seed money can later serve as investment seed money.”

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