'Unbeatable Charm' of Intermediary ISA, Perfect for Beginner Investors~

New Subscribers Surpass 420,000

[Asia Economy Reporter Ji-hwan Park] Samsung Securities announced on the 29th that the number of new subscribers to the brokerage-type Individual Savings Account (ISA) has surpassed 420,000.

Since Samsung Securities launched the brokerage-type ISA for the first time in the industry last February, 420,000 accounts have been opened in just four months until the day before. This accounts for more than half of all brokerage-type ISA accounts.

Among the subscribers, the MZ generation (Millennials + Generation Z) accounts for 50%, and 345,000 subscribers, or 84%, are new customers who have never traded with Samsung Securities before. The strengths of the brokerage-type ISA, such as exemption from dividend income tax and the loss offset system that reduces the taxable income on profits from indirect products like overseas funds within the account by the amount of losses incurred from stock investments, have become widely known, appealing greatly to investors who are asset creators. In particular, the enthusiasm for brokerage-type ISA continues, with more than 20,000 customers waiting after applying to transfer from bank trust-type ISAs to Samsung Securities brokerage-type ISAs.

Customers who opened brokerage-type ISA accounts at Samsung Securities have been actively investing in stocks, funds, and other assets. The most invested asset is domestic stocks, followed by funds and equity-linked securities (ELS). Samsung Securities brokerage-type ISA subscribers were also active in public offering subscriptions. Among all subscribers, 52,000 customers participated in public offering subscriptions using their brokerage-type ISA accounts.

Lee Seung-ho, Vice President and Head of the Digital Division at Samsung Securities, said, "The brokerage-type ISA, with its clear tax-saving appeal, has now become a basic investment item for 'Joorini' (stock + children) investors," adding, "We will continue to develop and propose various solutions that not only introduce diverse products but also maximize the tax-saving effects of brokerage-type ISAs to enhance profitability."

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