December & Company, which operates the artificial intelligence (AI) based easy investment service "Fint," announced on the 15th that the investment amount for individual blue-chip stock strategies in Fint surpassed 100 billion won.
Along with the recovery trend in domestic and foreign stock markets, it achieved an investment performance exceeding 100 billion won, including U.S. stocks, about 1 year and 7 months after launching the 'Korean Stock Strategy' in December 2023.
In the case of domestic stocks, about 20 billion won in funds flowed in recently due to the KOSPI's strong performance. December noted that the key to this achievement lies in the sophistication of AI-based strategies and user-tailored design. Fint has been employing an algorithm-centric strategy that flexibly responds to changing environments by analyzing vast market trends and individual stock data through its own AI investment engine, "Isaac."
December emphasized that it is strengthening not only the general accounts of Fint investments but also the long-term investment tax-advantaged individual accounts. This year, it introduced advisory services for intermediary-type individual comprehensive asset management accounts (ISA) and individual retirement pension (IRP) plans, and together with Korea Investment & Securities, Samsung Securities, and NH NongHyup Bank, it has also launched the retirement pension IRP discretionary service. By the end of this month, the launch of retirement pension robo-advisor discretionary services in collaboration with major domestic banks, including KB Kookmin Bank and IBK Industrial Bank, is expected to proceed sequentially.
Song In-seong, CEO of December & Company, said, "We will continue to increase accessibility to long-term, sustainable assets on behalf of our clients and act as responsible managers of client assets and a accountable investment platform."