KB Securities Launches Sales of ‘KB able H-Global Asset Allocation Lab’

Published 03 Apr.2023 09:22(KST)

KB Securities announced on the 3rd that it has launched the ‘KB able H-Global Asset Allocation Wrap’ for all customers.

This newly launched product is a wrap service that invests using a global asset allocation strategy by combining KB Securities’ research and management capabilities, and is managed by the head office’s portfolio managers. The main investment targets are domestically and internationally listed ETFs, with some inclusion of stocks and beneficiary certificates. The minimum subscription amount is 30 million KRW or more, and the contract period is at least one year. Customers can subscribe by visiting a KB Securities branch or remotely through the MTS ‘M-able (Mable)’ app.

The ‘KB able H-Global Asset Allocation Wrap’ portfolio is constructed by the management department based on the outlook from the research headquarters. The stock-to-bond ratio is 6 to 4, but this ratio can be adjusted according to the outlook, and alternative assets are also partially included. The management team, consisting of asset-specific portfolio managers, reorganizes the asset allocation plan and discusses detailed investments. They utilize quantitative methods in investment and risk management to maximize returns within limited volatility.

Oh Kyung-ho, Head of OCIO Management at KB Securities, explained, “Having experienced the unusual situation in 2022 where stocks and bonds both declined simultaneously, this year is a promising time for asset allocation.” He added, “‘KB able H-Global Asset Allocation Wrap’ differentiates itself from existing asset allocation products by actively managing with a focus on ETFs, while also including public funds and individual domestic and international stocks.”

The ‘KB able H-Global Asset Allocation Wrap’ may incur principal losses depending on investment results, and in the case of overseas stocks, losses due to exchange rate fluctuations may occur, which are borne by the investor. Additionally, a front-end fee of 1.0% and an annual back-end fee of 1.2% are charged. For detailed information about Wrap subscriptions, please contact the nearest KB Securities branch or customer center.