Invest in Overseas ETFs with Fractional Shares at Korea Investment & Securities

[Asia Economy Reporter Junho Hwang] Korea Investment & Securities, a subsidiary of Korea Financial Group, will start fractional investment services for overseas exchange-traded funds (ETFs) through its mobile overseas stock investment platform Ministock from the 1st.

Ministock is a service that allows overseas stocks to be divided into fractions and traded in units of 1,000 KRW. Korea Investment & Securities revamped its system and trading items to enable easy small-amount investments in overseas ETFs. Currently, investors can invest in 14 overseas ETFs, including the Invesco QQQ ETF.

ETFs are products that allow easy trading of various assets and indices such as stocks, bonds, and commodities as if they were individual stocks.

Choi Seoryong, Head of the Digital Platform Division, said, "By using Ministock, you can create your own global portfolio combining stocks and ETFs with a small amount of money," adding, "We recommend it to MZ generation investors who start investing with relatively small amounts."

To celebrate the launch of the service, an investment support event will be held until the 31st of next month. Investors who trade overseas ETFs for 1,000 KRW or more on Ministock will be entered into a drawing to receive investment support funds, with a total of 1,110 winners (10 winners of 1 million KRW, 100 winners of 30,000 KRW, and 1,000 winners of 10,000 KRW).

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