Daishin Securities Surpasses 2 Trillion Won in Public Fund Sales This Year

Strategic Product Supply Aligned with Market Outlook
Bond Funds Increase by 1.7 Trillion Won

Daishin Securities has sold over 2 trillion won worth of public offering funds this year.

Daishin Securities announced on the 28th that the balance of public offering fund sales, excluding money market funds (MMFs), increased by 2.0499 trillion won compared to the beginning of the year from January to July. Among the 65 financial companies surveyed, Daishin Securities was the only one to exceed 2 trillion won. During the same period, the total fund balance including private funds and MMFs increased by 4.1347 trillion won.

The balance of domestic bond-type funds increased by 1.7483 trillion won. The company explained that investors seeking additional returns on market interest rates due to the decline in fixed deposit and MMF yields actively sought domestic bond-type products such as short-term bond funds. Funds investing in long-term Korean and U.S. bonds, anticipating interest rate cuts, also recorded high sales.

Bond mixed-type products also sold 243 billion won. In particular, the tax-separated high-yield public offering stock fund, promoted as a strategic product, increased its balance by more than 150% compared to the beginning of the year. This product offers higher interest income compared to general bond funds, alpha returns through public stock investments, and tax benefits.

Daishin Securities supplied financial products focusing on the high interest rate environment, prospects for interest rate cuts, and tax benefits. They selected and sold market-leading products such as the tax-separated high-yield public offering stock fund, government bond and U.S. bond target conversion funds, and short-term bond funds.

Choi Dae-kyung, head of Daishin Securities’ Customer Asset Division, said, "We strategically sold bond-type funds to corporate and individual investors who were unable to determine investment directions due to the high interest rate environment and the possibility of interest rate cuts," adding, "We will continue to provide diverse investment opportunities with products that meet market conditions and customer needs."

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