Samsung Securities "Gift Cards Offered for ETF Trades in Pension Accounts"

[Asia Economy Reporter Ji-hwan Park] Samsung Securities announced on the 2nd that it will hold an event offering gift certificates to customers trading exchange-traded funds (ETFs) in pension accounts until the end of next month.

This event is divided into three categories: 'Pension Beginner', 'Pension Intermediate', and 'Pension Expert', and customers can participate in only one of these events.

Regardless of whether they are existing or new customers, all Samsung Securities customers can participate in either the 'Pension Intermediate' or 'Pension Expert' events. Customers who, as of March 21, 2021, do not have a pension savings or individual retirement pension (IRP) account, or have an account but no balance, can participate in the 'Pension Beginner' event.

For the 'Pension Beginner' event, eligible customers who net purchase ETFs containing 'KODEX' (ETFs managed by Samsung Asset Management), 'KBSTAR' (ETFs managed by KB Asset Management), or 'KINDEX' (ETFs managed by Korea Investment Management) for 100,000 KRW or more in their pension savings/IRP accounts during the event period will receive a 10,000 KRW cultural gift certificate. If they net purchase 100,000 KRW or more of the event-targeted ETFs in both pension savings and IRP accounts, they can receive up to 20,000 KRW.

Secondly, the 'Pension Intermediate' event is for customers holding pension savings or IRP accounts at Samsung Securities who net purchase 1,000,000 KRW or more of ETFs containing 'KODEX', 'KBSTAR', or 'KINDEX' in each account. They will receive a 20,000 KRW cultural gift certificate per account. If they net purchase 1,000,000 KRW or more in both pension savings and IRP accounts, they can receive up to 40,000 KRW.

Lastly, the 'Pension Expert' event is for customers holding pension savings or IRP accounts at Samsung Securities who net purchase 3,000,000 KRW or more of ETFs containing 'KODEX' or 'KINDEX' in each account. They will receive a 30,000 KRW cultural gift certificate per account. If they net purchase 3,000,000 KRW or more in both pension savings and IRP accounts, they can receive up to 60,000 KRW.

However, the net purchase amount of ETFs for each event must be maintained until June 5.

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