"Sold Out in Just Two Trading Days"

Mirae Asset Securities: "Mirae Asset IMA No. 2 Sells Out Early" View original image

Mirae Asset Securities announced on March 26 that its "Mirae Asset IMA (Integrated Managed Account) No. 2" product reached its fundraising target of 100 billion won in just two trading days after launch, resulting in an early sell-out.


The IMA is a performance-based product in which the securities company directly manages customer funds and distributes profits according to investment results. A key feature is that the principal is guaranteed by the securities company’s own credit.


The company explained that the original sales deadline was set for 4 p.m. on March 27, but both online and offline sales were closed early after 92.2 billion won was raised on the first day and the remaining amount was quickly subscribed on the second day.


"Mirae Asset IMA No. 1," launched in December last year, also attracted about 475 billion won in funds against a target of 95 billion won, recording a 5-to-1 competition ratio.


"Mirae Asset IMA No. 2" is a closed-end product with a three-year maturity, a minimum subscription amount of 1 million won, and an individual investment limit of 10 billion won. The base rate of return is set at 4%.



Namyoung Park, Head of the IMA Division at Mirae Asset Securities, said, "We appreciate the strong interest in the Mirae Asset IMA products," adding, "We will continue to introduce a diverse range of customer-centered products and actively pursue the expansion of corporate finance, venture capital investments, and investments in global innovative companies."


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

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