Korea Investment & Securities Co., Ltd. launches a 200 billion won IMA with a 4.5% annual benchmark return

[Financial News] Korea Investment & Securities Co., Ltd. is launching a new integrated investment account (IMA) product with a total size of 200 billion won and opening it to customers. The product seeks returns through diversified investments in corporate finance assets, while offering subscribers various benefits, including high-interest promissory notes and gift certificates.
Korea Investment Holdings subsidiary Korea Investment & Securities Co., Ltd. said on the 12th that it has launched a new IMA product, ‘Korea Investment IMA S7,’ and will accept subscription applications through the 15th.
Korea Investment IMA S7 invests across a range of corporate finance assets, including acquisition-financing loans for leading domestic companies, loans to mid-sized and large companies, and global credit funds. Its distinguishing feature is that it offers investment opportunities in corporate finance assets that are difficult for individual investors to access directly.
Korea Investment & Securities Co., Ltd. is responsible for repaying the principal at maturity, and returns are determined by investment performance. The benchmark return over the investment period is 4.5% annually, or approximately 9.0% cumulatively over two years. Customers receive returns up to the benchmark without a performance fee; of any investment returns above it, 60% of the excess is allocated to customers.
A customer event is also being held to mark the product launch. BanKIS customers, who trade online, will receive an investment limit for special-offer promissory notes of up to five times their IMA S7 subscription amount. The per-person limit is up to 5 billion won. The notes pay an annual rate of 5.0% for a one-year term and 4.7% for a six-month term.
Mobile gift certificates will also be awarded in different amounts depending on the subscription amount. Customers subscribing for at least 30 million won but less than 50 million won will receive 30,000 won; those subscribing for at least 50 million won but less than 100 million won will receive 50,000 won; and those subscribing for at least 100 million won but less than 300 million won will receive 100,000 won. Customers subscribing for at least 300 million won but less than 500 million won will receive 300,000 won, while those subscribing for 500 million won or more can receive a gift certificate worth 500,000 won.
A separate event has also been arranged for branch customers. Among first-time subscribers who invest at least 10 million won in an IMA product during the event period, one person will be selected by lottery to receive a beauty device.
The same prize will also be awarded to three customers whose subscription numbers are 11, 111 and 1,111. Another event will award mobile gift certificates worth up to 1 million won, depending on the subscription amount.
A Korea Investment & Securities Co., Ltd. representative said, “IMA S7 is designed to pursue both a stable base for returns and additional opportunities for gains by diversifying investments across a range of high-quality corporate finance assets. We plan to continue introducing a variety of IMA products tailored to customers’ investment objectives and fund management needs.”
[email protected] Kang Jung-mo Reporter