Yuanta Securities Launches 'Yudongwon Global Wrap' Series for Diversified Stock and ETF Investment

Diversified Investment Based on the Overseas Investment Headquarters' Proprietary Asset Allocation Model

[Asia Economy Reporter Minwoo Lee] Yuanta Securities is launching a wrap account product that diversifies investments in domestic and international stocks and exchange-traded funds (ETFs).

Yuanta Securities announced on the 19th that it will launch the 'Yudongwon Global Home Run Wrap' and 'Yudongwon Global Single Wrap' products.

A wrap account is an integrated asset management service where the securities company manages portfolio composition, operation, and investment advisory when customers entrust their money. The newly launched products are named directly after Yudongwon, Executive Director and Head of Yuanta Securities Global Investment (GI) Division. They operate based on an asset allocation model using proprietary algorithms to derive investment strategies.

In the case of the 'Yudongwon Global Home Run Wrap,' it seeks high returns by concentrating investments in about 10 to 12 companies leading changes in the global economy and industrial paradigms. Representative target sectors include the 4th industrial revolution industries such as the Internet of Things and cloud computing, 5G, and eco-friendly industries. The 'Yudongwon Global Single Wrap' aims to secure long-term stability by investing about 50% of total assets in low-volatility assets such as bonds and gold.

The minimum subscription amount is 10 million KRW. For fees, the 'Home Run Wrap' charges 0.375% of the average asset balance every three months in arrears from the subscription date and collects performance fees if a certain rate of return is exceeded. The 'Single Wrap' charges 1% annually in advance and 0.25% of the average asset balance every three months in arrears. Subscriptions are available at Yuanta Securities branches nationwide, and detailed information can be obtained by contacting the branches or customer center.

Kim Joohyung, Head of Yuanta Securities W Wrap Management Team, explained, "This product allows diversified investment in various global assets while confirming trends in promising investment assets. Since it mainly invests in stocks and ETFs listed on the U.S. stock market, it also provides the effect of holding dollar assets. Given the high uncertainty in the global economy and the increasing differentiation among countries and assets, we expect continuous profit generation through professional asset allocation and active management."

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