Yuanta Securities Korea said on the 22nd that the total balance of its wrap account products surpassed 2.5 trillion won as of Apr. 20.
A wrap account is an integrated asset management service in which, when a client entrusts investment funds to a securities firm, the firm professionally handles everything from portfolio construction to management.
First, Yuanta Korea Wrap, launched in November last year, invested in carefully selected competitive Korean corporations in sectors such as semiconductors, power infrastructure, renewable energy, and secondary batteries, and as of the 17th, its balance exceeded 100 billion won.
In addition, Yudongwon Asia Wrap, which identifies and concentrates on stocks in Asian countries with high growth potential, has also operated with Korea's investment weight as a key portfolio, reaching a balance of 100 billion won in about one year since its launch.
Along with this, the firm operates a diverse product lineup, including Yudongwon Wrap Series, which provides customized portfolios based on the asset allocation model of the Global Asset Allocation Division, and branch-managed wrap PMA (PB Management Account), in which private bankers (PBs) directly manage accounts reflecting each client's investment propensity and objectives.
Yuanta Korea Wrap, Yudongwon Asia Wrap, and other wrap account products of Yuanta Securities Korea can be subscribed to through Yuanta Securities Korea branches nationwide and the mobile trading system (MTS) tRadar M.
Yudongwon, head of the Global Asset Allocation Division at Yuanta Securities Korea, said, "We will continue to respond flexibly to market changes and, by prioritizing client-centered management principles, strive to provide professional and systematized discretionary investment services."