by Song Seungseop
Published 24 Jan.2022 10:33(KST)
[Asia Economy Reporter Song Seung-seop] SC First Bank announced on the 24th that it selected 43 recommended funds for 2022 through its proprietary investment product analysis process called the ‘3P (People·Process·Performance) Process.’
SC First Bank selects a group of promising fund products called ‘Fund Select (FST)’ every year to recommend to its wealth management (WM) clients. This year, 43 fund products were chosen for Fund Select, broadly categorized into Alpha, Theme, and Balance.
The Alpha category reflects the global annual market outlook of Standard Chartered (SC) Group, SC First Bank’s parent company. It consists of stocks and bonds that benefit from the new phase of monetary expansion. The Theme category includes companies expected to have favorable investment environments among those with long-term growth potential. The Balance category comprises bond funds and multi-asset funds that can reduce portfolio volatility.
An event is also being held where customers who newly subscribe to the recommended funds through the mobile banking application (app) will receive prizes. All customers who newly subscribe to the recommended funds by February 28 will receive a coffee coupon. Additionally, five winners selected by lottery will be awarded a stay voucher at Shilla Hotel.
Meanwhile, SC First Bank provides a financial market outlook each year after setting an investment strategy theme to help understand market conditions and investment strategies. This year’s core investment theme covering overall asset management is presented as ‘Normality; Normalization, a Difficult but Necessary Path.’
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