Shinhan Bank "Discretionary ISA Tops Bank Sector in 18 Categories for Returns"
Shinhan Bank announced on the 13th that it ranked first in the banking sector for returns in 18 categories after comparing the returns of discretionary ISA (Individual Savings Account) products. The Korea Financial Investment Association classifies discretionary ISA products into a total of 35 categories based on risk type and duration and discloses their returns.
According to the disclosure, Shinhan Bank's 'High-Risk Premium Portfolio' product recorded a one-year return of 15.78%, the highest among high-risk products in the banking sector. The second place was also Shinhan Bank's 'High-Risk Active Portfolio' product, with a one-year return of 15.68%.
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Shinhan Bank strengthened its product and data expertise last year. A Shinhan Bank official stated, "We improved the returns for our customers by introducing pension fund asset allocation processes and data-driven asset allocation processes such as AI-based economic phase judgment models. By strategically managing asset proportions based on global diversification and operating overseas stock-dedicated MP (Model Portfolio), we were able to achieve the highest level of returns in the banking sector."
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