Shinhan Investment Corp. Surpasses 100 Billion KRW in 'Shinhan Top Picks Lab' Service

Shinhan Investment Corp. announced on the 14th that the sales amount of 'Shinhan Top Picks Lab' has surpassed 100 billion KRW.

Shinhan Top Picks Lab is a wrap service investing in domestic stocks launched by Shinhan Investment Corp. on March 14. Top Picks refers to the sector-leading preferred companies with the highest current stock price momentum selected by Shinhan Investment Corp.'s research analysts. Shinhan Top Picks Lab derives a model portfolio (Top Picks) from the Shinhan Investment Corp. Research Headquarters, which has excellent analytical capabilities, and based on this, the wrap management department constructs an optimal portfolio and conducts rebalancing.

This wrap service invests in about 25 stocks from the domestic stock model portfolio (Top Picks) publicly disclosed by the Shinhan Investment Corp. Research Headquarters. Since the model portfolio is disclosed every two weeks, it has the advantage of responding quickly and actively to market changes. It has continuously increased its sales balance since launch by recording steady returns through diversified investment and active rebalancing.

The minimum subscription amount for Shinhan Top Picks Lab is 30 million KRW or more, and subscriptions are available through Shinhan Investment Corp. branches and the mobile app Shinhan Alpha. Fees are charged postpaid at an annual rate of 1.8% (standard type).

Son Eun-joo, head of the wrap management department at Shinhan Investment Corp., said, "The recent performance of Shinhan Top Picks Lab, which combines the excellent analytical capabilities of Shinhan Investment Corp.'s Research Headquarters and the management capabilities of the wrap management department, is superior compared to the KOSPI." He added, "Following the successful launch of Shinhan Top Picks Lab investing in domestic stocks, the G2 Lab, which manages a global portfolio, has also been renamed Shinhan Global Top Picks Lab, strengthening marketing for directly managed wrap services."

He continued, "We will continue to provide Shinhan Investment Corp.'s unique wrap services through research reports with the industry's best analytical know-how and strive to broaden investors' choices."

Since March 2023, Shinhan Investment Corp. has been conducting an event for customers who subscribed to Shinhan Top Picks Lab and Shinhan Global Top Picks Lab, awarding prizes to 50 customers selected by lottery among event participants. However, assets must be maintained until November 30 to receive event benefits.

This wrap service is an investment discretionary contract managed and operated per customer account, and investors have the right to receive sufficient explanations about the product from Shinhan Investment Corp. Losses of principal (0-100%) may occur due to asset price and exchange rate fluctuations, and such losses are borne by the investor.

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