Hanwha Investment & Securities, 'VA Lab Service' Cumulative Sales Exceed 50 Billion KRW
Hanwha Investment & Securities announced on the 13th that the cumulative sales of its 'VA Wrap Service,' which selects and manages representative domestic and international stocks, have surpassed 50 billion KRW.
The VA Wrap Service has been steadily building operational performance and attracting significant investor interest since launching the 'U.S. Stock VA Wrap,' composed of leading U.S. stocks, in September 2022. Especially this year, the portfolio was expanded by introducing the 'Korean Stock VA Wrap' series, consisting of leading domestic sector stocks such as K-Semiconductors and K-Culture, to actively respond to market conditions.
The VA Wrap Service employs a Value Averaging (VA) strategy that actively adjusts stock weightings through buying at lows and selling at highs. This strategy is based on the Maximum Drawdown (MDD), which represents the maximum decline from the previous peak price, allowing for purchasing more shares at lower price levels to reduce the average purchase price and seeking profits upon selling. Additionally, the discretionary investment manager actively manages returns by utilizing cash liquidity during periods of increased market volatility.
Song Yohan, Executive Director of the Product Strategy Office at Hanwha Investment & Securities, stated, "The VA Wrap Service, which selects representative domestic and international stocks and operates using the value averaging strategy, can be a good investment alternative in uncertain market conditions. We will continue to strive to provide various investment products that meet our customers' needs."
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For more detailed information, please visit the Hanwha Investment & Securities website or contact a branch office.
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