Shinhan Financial Investment Launches 'Fidelity US Tech Advisory Wrap'

[Asia Economy Reporter Minji Lee] Shinhan Financial Investment announced on the 7th that it has launched the ‘Fidelity US Tech Advisory Wrap’ service, which invests in the long-term growing US tech sector.

The ‘Fidelity US Tech Advisory Wrap’ is an advisory wrap service launched based on Fidelity’s research capabilities, with Shinhan Financial Investment making the final management decisions under the advisory of Fidelity Asset Management.

Fidelity Asset Management provides a differentiated advisory service for this wrap by thoroughly modeling companies and conducting valuation analysis to narrow down 30 to 40 technology stocks with high long-term growth potential. In particular, it pursues additional profit opportunities by utilizing various ideas such as government policies, increasing corporate and consumer demand, green technology, and ESG.

Son Eun-joo, head of the Wrap Management Department at Shinhan Financial Investment, stated, “Based on the proven research capabilities related to tech stock investment of the global asset management company Fidelity Asset Management and Shinhan Financial Investment’s overseas stock management capabilities, we expect to achieve good long-term results.”

The minimum subscription amount for the ‘Fidelity US Tech Advisory Wrap’ is 100 million KRW, and subscriptions are available at Shinhan Financial Investment branches and via the mobile app. Fees for the general type are 2.5% per annum on a post-payment basis, while the non-face-to-face subscription-only e-wrap incurs a 1.8% per annum post-payment fee.

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