Average Cumulative Return of Discretionary ISA at End of July 30%... 0.11%P Decrease from Previous Month

[Asia Economy Reporter Minji Lee] The Korea Financial Investment Association announced on the 31st that the cumulative return of discretionary Individual Savings Account (ISA) model portfolios (MP) as of the end of July this year averaged 30%. This is a 0.11 percentage point decrease from the cumulative return of 30.11% recorded at the end of June.

An official from the Korea Financial Investment Association explained, "The global stock market showed a cautious trend in July's discretionary ISA returns due to the offsetting effects between the spread of the COVID-19 Delta variant and favorable economic fundamentals."

By risk type, the returns were 53.27% for ultra-high risk, 43.03% for high risk, 26.40% for medium risk, 14.20% for low risk, and 7.79% for ultra-low risk. Since launch, out of a total of 192 MPs, about 163 MPs, accounting for approximately 84.9%, recorded returns exceeding 10%.

By company, Daishin Securities ranked first with an average cumulative return of 38.86%, followed by Kiwoom Securities (38.33%), Meritz Securities (37.72%), and NH Investment & Securities (37.02%). Among individual MPs, Kiwoom Securities' Basic Investment Type (Ultra-High Risk) MP topped the list with a cumulative return of 115%.

Looking at the top cumulative returns by type, in the ultra-high risk category, Kiwoom Securities' 'Basic Investment Type (Ultra-High Risk)' MP, which invests 100% in overseas equity funds, recorded a 115% return since launch. In the high-risk category, Hyundai Motor Securities' 'Income Pursuit Type A2 (Developed Countries Type)' MP, which invests 100% in overseas equity funds, achieved an 88.22% return since launch.

In the medium-risk category, NH Investment & Securities' 'QV Neutral A' MP, investing 28.2% in overseas equity funds, 16.4% in domestic bond funds, and 16% in MMFs, recorded a 39.29% return since launch. In the low-risk category, NH Investment & Securities' 'QV Stability Pursuit A' MP, investing 32.7% in domestic bond funds, 20.1% in MMFs, and 17.6% in overseas equity funds, achieved a 22.59% return since launch. In the ultra-low risk category, Kiwoom Securities' 'Basic Investment Type (Ultra-Low Risk)' MP, investing 46.8% in domestic bond funds, 20.6% in RP, and 12.6% in overseas equity funds, recorded a 15.25% return since launch.

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