KB Securities "Up to 1 Million KRW Provided When Subscribing to US Stocks, Bonds, and ETF Investment Wrap Products"
From 100% Stocks to 100% Bonds... Actively Adjusting Asset Allocation According to Economic Conditions
[Asia Economy Reporter Minwoo Lee] KB Securities will provide up to 1 million KRW in cash support when subscribing to a wrap account product that invests in U.S. stocks, bonds, and exchange-traded funds (ETFs).
KB Securities announced on the 23rd that it will hold a subscription event for the 'KB able Macro On&Off EMP Wrap' for all customers until the end of October.
The 'KB able Macro On&Off EMP Wrap' is a product that invests in U.S.-related stocks, bonds, and ETFs through advisory services from Plain Vanilla Investment Advisory. The name signifies switching investment on and off; during economic upturns, it invests approximately 100% in stocks, and during downturns, about 100% in bonds. It actively adjusts asset allocation by analyzing macroeconomic conditions to determine market phases. This differs from typical asset allocation products that diversify investments among risky assets like stocks, safe assets like bonds, and alternative investment assets.
KB Securities will provide all individual customers who subscribe to this product with KB Securities domestic stock coupons ranging from 30,000 KRW to 100,000 KRW depending on the subscription amount. Additionally, through a lottery, cash investment support of 1 million KRW (1 person), 500,000 KRW (3 people), and 200,000 KRW (5 people) will be awarded.
The minimum subscription amount for the ‘KB able Macro On&Off EMP Wrap’ is 20 million KRW. Deposits can be made in Korean won or foreign currency (USD). Principal loss may occur depending on investment results, and fees of 0.5% upfront and 1.2% annually in arrears are charged. Subscriptions can be made not only by visiting branches but also through the mobile trading system (MTS) 'Marvel'. For more details, please contact the nearest KB Securities branch or customer center.
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Jung Kyunghoon, Head of Wrap Operations at KB Securities, said, "'KB able Macro On&Off EMP Wrap' is an investment product suitable for long-term investment accompanied by volatility management," adding, "As the importance of online asset management products increases due to changes in lifestyle, we will continue to strive to provide products and convenient services that meet customer demands."
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