PFCT Launches 'Securities Investment' Product with Annual Returns up to 9.3%

PFC Technologies (formerly PeopleFund) announced on the 19th that it will launch a 'securities investment' product with an annual maximum pre-tax return of 9.3% and a one-year maturity. Securities investment is a stock purchase fund loan (Stock Loan) investment product that invests in loan claims secured by securities firm accounts.

Along with this, the six-month maturity securities investment product launched in June increased its investment attractiveness by raising the yield. The yield was raised by 1 percentage point from the previous annual 8% (pre-tax) to 9% per year.

PFC Technologies has established a triple safety mechanism to protect the principal of the securities investment product. If the price of the collateralized stock falls, an automatic forced sale is executed the next day. Even if it becomes difficult to preserve collateral value due to a sharp stock price drop or delisting, the risk is controlled through deposits and reserves accumulated by the risk management system (RMS) partner company. It also manages in real-time to ensure that the borrower's holdings consist only of KOSPI and KOSDAQ listed stocks. Accordingly, it was explained that no forced sales occurred during the stock market crash on the 'Black Monday' on the 5th.

The new securities investment product will be sold from today on PFC Technologies' B2C (business-to-consumer) platform, 'Kple'. To commemorate the launch of the new product, Kple is offering a waiver of platform usage fees for securities investment products until the 31st.

Choi Jin-hae, Head of Financial Strategy at PFC Technologies, stated, "Stock Loan is an investment product whose safety has been verified by major credit finance institutions operating it for over 20 years." He added, "In times of increased stock market volatility like now, securities investment products can help diversify risk. When the stock market is booming, stable returns can be generated from both held stocks and securities investment products, and during downturns, even if held stocks are negative, profits can be made from securities investment products."

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