NH Investment & Securities Launches Fractional Investment Service

[Asia Economy Reporter Hwang Yoon-joo] NH Investment & Securities' Namu Securities announced on the 25th that it has launched a 'Fractional Installment Service' that allows the purchase of domestic and overseas stocks in small amounts like a savings plan.

The fractional installment service is a service that allows beginner investors to purchase stocks at regular intervals like a savings plan. Domestic stocks can be invested in units of 100 KRW, the minimum investment amount among domestic securities firms, and overseas stocks can be invested in units of 1,000 KRW. Investors can set the desired installment period daily, weekly, or monthly, enabling investment tailored to their own situation.

To coincide with the launch of the service, Namu Securities is also holding an event for customers. Customers who apply for the fractional installment service, complete three or more purchases, and maintain the service contract until December 31 will receive an additional 5,000 KRW worth of fractional shares of the accumulating stocks. Additionally, among those who have consistently accumulated until the end of this year, five winners will be selected by lottery to receive an iPhone 14 Pro, MacBook Air, or Geneva speaker. Agreement to marketing use is mandatory for the installment funds and lottery prize event, and deposits to customer accounts and individual winner notifications are scheduled for January 13 next year.

A Namu Securities official stated, "Recently, many individual investors are having difficulty coping with the stock market due to financial market instability, and we hope the fractional installment service, which allows steady accumulation with small amounts, will be an alternative," adding, "We plan to expand services to help customers develop proper investment habits in the future."

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