Korea POS Securities Signs Joint Marketing Agreement with AIM Fund

[Asia Economy Reporter Minji Lee] Korea POS Securities announced on the 28th that it has signed an agreement with AIM to jointly market the ‘Hyundai AIM Signature Global EMP Fund’ until the end of this year. According to the agreement, the two companies plan to promote the fund and carry out various marketing activities. AIM is a global ETF specialized investment advisory firm led by CEO Jihye Lee, a Wall Street veteran.

Launched on the 15th of last month, the ‘Hyundai AIM Signature Global EMP Fund’ invests primarily in global ETFs listed in the U.S. market, as well as alternative asset ETFs. AIM is responsible for asset allocation strategy and advisory, while Hyundai Asset Management handles fund management.

The fund operates by building a low-volatility portfolio through diversified investments that reflect market conditions based on global macroeconomic analysis. It is characterized by an investment strategy that is easy for investors to understand and make decisions on. The fund has attracted significant interest from beginner investors who find it difficult to generate profits through funds and from investors who have limited time to devote to asset management. In particular, the EMP fund has lower investment costs compared to general equity funds, making it suitable for long-term investment.

As of the end of September, AIM has rapidly grown in the industry, surpassing KRW 350 billion in cumulative assets under management and 600,000 cumulative users. The newly launched fund significantly lowers AIM’s minimum subscription amount of KRW 3 million, allowing investment with smaller amounts.

Additionally, since it is possible to invest through pension savings or IRP (Individual Retirement Pension), investors can utilize AIM’s investment strategy while enjoying tax deduction benefits. The tax savings can reach up to KRW 1,155,000. For workers with a total salary of KRW 55 million or less, a tax rate benefit of 16.5% applies when contributing up to KRW 7 million annually to an IRP.

Seunghyun Kim, Executive Director of Korea POS Securities, said, “In an uncertain market environment such as the resurgence of COVID-19, we pursue steady mid- to long-term performance with a global asset diversification fund that minimizes risk,” adding, “It is the most suitable product for long-term investments such as pension savings and IRP (Individual Retirement Pension).”

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