Hantoo Securities Expands Product Lineup for Robo-Advisor Wrap Recommendation Service ‘MY AI’

Korea Investment & Securities announced on the 9th that it has newly added the ‘Korea Investment US Stock AI Wrap (December & Company)’ to its robo-advisor (RA) wrap recommendation service ‘MY AI’.

This product selects and invests in about 20 US stocks through the investment selection algorithm of the robo-advisor firm ‘December & Company’. Unlike other wrap products that diversify investments across various stock indices or asset classes, this product directly invests in individual stocks, making it suitable for investors seeking high returns while accepting a certain level of risk. The minimum subscription amount is 10 million KRW, and the fee is 1.50% per annum.

MY AI is a service that recommends robo-advisor wrap (WRAP) products suitable for customers’ investment tendencies and objectives by utilizing artificial intelligence (AI). It includes nine robo-advisor wrap products with various investment portfolios such as Korea Investment & Securities’ proprietary ‘Kobi’, global asset allocation, and US stock investments.

Kim Gwansik, Head of the Digital Innovation Division, said, “By using robo-advisors, ordinary individual investors without specialized knowledge can easily diversify their investment portfolios,” adding, “We will continue to expand the MY AI product lineup and refine the analysis algorithms to provide diverse investment opportunities.”

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