Hi Investment & Securities Launches Two Types of Donation-Linked 'Hi Daegu Love Lab'

[Asia Economy Reporter Park Ji-hwan] Hi Investment & Securities announced on the 11th that it has newly launched two types of 'Hi Daegu Love Wraps' linked to donation activities to revitalize the local economy and support vulnerable groups.

The newly introduced Hi Daegu Love Wraps are special products that create donation funds based on sales commissions to contribute to the revitalization of the Daegu local economy, which has been stagnated due to COVID-19.

A wrap is short for wrap account, a comprehensive asset management product operated by securities firms. It provides an integrated management service from asset allocation to investment advisory tailored to the customer's investment preferences for the deposited assets.

The two types of Hi Daegu Love Wraps are divided into asset allocation type and mixed type. They pursue stable returns by diversifying investments across various assets such as stocks, bonds, commodities, and REITs. The basic strategy is to maximize the advantages of wrap products and operate by expanding the proportion of risky assets during market upswings to achieve target returns.

In particular, each product secures profitability by converting to liquid assets upon achieving an absolute return of 6% and 3%, respectively. They are classified into high-risk and medium-risk categories and can be selected according to customer preferences. The minimum subscription amount is 10 million KRW, and the contract period is one year.

Hi Investment & Securities plans to donate a total of 30 million KRW to support small business owners in the Daegu area by accumulating part of the upfront sales commission of the products until the end of this year, preparing 10 million KRW from company funds at that level, and adding 20 million KRW donated by the DGB Social Contribution Foundation.

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