Kiwoom Securities Hosts 2020 Kiwoom Securities ETF Real Investment Competition

[Asia Economy Reporter Oh Ju-yeon] Kiwoom Securities announced on the 19th that it will hold the '2020 Kiwoom Securities ETF Real Investment Competition' from next month 2nd to December 11th. The registration period for the competition is until the 29th of next month.

This competition will be conducted in two leagues (3,000 League and 500 League), with awards given for the rate of return and profit in each league. In the 3,000 League, the prizes are 3 million KRW for 1st place in rate of return, 1.2 million KRW each for 2nd and 3rd places, 500,000 KRW each for 4th and 5th places, and 2 million KRW for 1st place in profit. In the 500 League, the prizes are 1.5 million KRW for 1st place in rate of return, 700,000 KRW each for 2nd and 3rd places, 400,000 KRW each for 4th and 5th places, and 1 million KRW for 1st place in profit.

Events for participants are also prepared. Every week, 50 people who meet the trading conditions will be selected by lottery to receive department store gift certificates worth 30,000 KRW, and prizes will be given to the top weekly traders by trading amount. Additionally, a special event in collaboration with Korea Investment Management and NH-Amundi Asset Management will be held, where the first 500 people who purchase ETFs worth over 1 million KRW from each asset management company will receive a cultural gift certificate worth 5,000 KRW.

ETFs, which are based on domestic and overseas indices, commodities, bonds, etc., are financial products that have characteristics of both stocks and funds. They offer the advantages of real-time stock trading and diversified investment like index funds, with low transaction costs, making them useful for various investment strategies.

Registration can be done through the Kiwoom Securities website, the trading system 'Hero Moon 4', and the mobile trading system 'Hero Moon S'. For more details and inquiries about the 2020 Kiwoom Securities ETF Real Investment Competition and events, please visit the Kiwoom Securities website or contact the Kiwoom Financial Center.

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