Korea Investment & Securities Hosts Bankis Overseas ETF Real Investment Competition

[Asia Economy Reporter Junho Hwang] Korea Investment & Securities, a subsidiary of Korea Financial Group, announced on the 27th that it will hold an 'Overseas ETF Real Investment Competition' for BanKIS customers. BanKIS is Korea Investment & Securities' online trading service that can be opened non-face-to-face or through commercial banks.

The real investment competition will be held for 8 weeks from next month 1st to December 24th. Depending on the size of the deposited assets in the account, three leagues will be operated: ▲10 million KRW or more ▲1 million KRW to less than 10 million KRW ▲100,000 KRW or more to less than 1 million KRW, and the competition will be divided into the return rate category and the profit category.

After the competition ends, 18 winners will be selected: 9 in the profit league and 9 in the return rate league, and prize money will be awarded. The total prize money is 18.5 million KRW. Participants must meet conditions of trading at least 3 different stocks and a turnover rate of 300% or more. Additionally, the top 3 daily traders by transaction amount will receive up to 300,000 KRW in cash separately until the end of the competition.

Applications can be made through the Korea Investment & Securities website, MTS, and HTS until December 19th. The first 2,000 participants will receive a Starbucks coffee coupon.

President Ilmoon Jung said, "Through this competition, we hope individual investors interested in overseas investment can gain various practical trading experiences and further establish diverse asset allocation strategies."

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