Shinhan Bank to Launch National Participation-type National Growth Fund on May 22

Total Limit of 45 Billion Won Until June 11

Shinhan Bank announced on May 20 that it will sell the National Participation-type National Growth Fund with a total limit of 45 billion won, from May 22 to June 11.

This fund product is designed to allow the general public to participate in sharing the long-term operational performance of the “National Growth Fund,” which was established under the supervision of the Financial Services Commission to foster advanced strategic industries. It enables individuals to directly contribute to part of the investment capital.

Through this offering, Shinhan Bank aims to support the flow of public investment capital into advanced strategic industries and future growth companies, and to join the government’s initiative to expand productive finance.

The subscription limit is 100 million won per person per year, and 200 million won over five years. Depending on the subscription amount, investors can receive income tax deductions of up to 18 million won. In addition, a separate taxation benefit with a 9.9% tax rate applies to dividend income.

In particular, this product features a loss-buffering structure in which the government finances bear up to 20% of any losses first. However, due to the nature of investment products, there is a possibility of principal loss, and it is necessary to fully understand the product structure and investment risks before subscribing.

Shinhan Bank will utilize its “Full-Sale AI Script” to explain the product structure, tax benefits, investment risks, and required documents to customers based on an analysis of their individual profiles. Prior to the launch, all branch sales employees completed video training sessions.

A Shinhan Bank representative stated, "We will ensure customers receive accurate and sufficient information and strive to establish a culture of complete and compliant sales based on principles of financial consumer protection."

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