December and Company, which operates the artificial intelligence (AI) simplified investment "fint," announced on the 25th that it has launched a "personal comprehensive asset management account (ISA) advisory service" for investors seeking to pursue both revenue and tax benefits.
As market volatility has recently increased, interest is growing in ISAs that allow for tax benefits while managing a diverse range of assets in a single account. In particular, intermediary ISAs, where investors can directly choose and manage their financial products, are gaining popularity.
By maintaining an intermediary ISA for more than the mandatory holding period of three years, individuals can receive maximum tax benefits of 4 million won (2 million won for the general type, 4 million won for the low-income and rural types), and a 9.9% separate taxation applies to any excess. Taxation is only applied to net revenue through profit and loss offsetting, and an additional tax credit of up to 10% (maximum 3 million won) will be provided when the maturity funds are transferred to a pension account.
In response, fint explained that it has launched an advisory service to help even inexperienced intermediary ISA subscribers easily achieve both "tax benefits" and "investment revenue."
The service is available through existing and new ISA accounts within the fint app and can also be used by transferring third-party ISA accounts. Fint's AI investment strategy engine "ISAAC" comprehensively analyzes individual investment tendencies, asset management styles, and retirement timing to suggest tailored investment strategies, and it helps with effective asset formation by rebalancing asset classes and securities according to changing market conditions.
Fint's ISA investment advisory strategies include ▲"global balance," which diversifies investments in stocks and bonds worldwide to create a balanced portfolio; ▲"global macro active," which adjusts the proportions of risky and safe assets in response to market volatility; ▲"global macro hedge," which increases investments in high-revenue assets during upturns and raises the share of inverse exchange-traded funds (ETFs) during downturns; ▲"Korean stock dividend plus," which invests in high-dividend blue-chip stocks listed in Korea; and ▲"safe bond investment (ISA)," which diversifies investments in maturity-matching bonds to secure stable interest revenue.
Service users can easily place orders through "one-stop trading" without having to select each investment item and quantity individually, and the items included in the recommended portfolio can be changed to other items as desired.
Fint plans to provide systematic operational support, including payment management for expanded tax credit benefits as well as information on revenue benefits. Additionally, it will hold an event offering various benefits to users of the service in cooperation with KB Securities until May 31.
Song In-seong, CEO of December and Company, said, "In the future, we will continue to present differentiated financial services aimed at the stable asset accumulation of investors."