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 customer entrusts investment funds to a securities firm, the securities firm professionally handles everything from portfolio construction to management.
First, Yuanta Korea Wrap, launched in Nov. last year, invested after carefully selecting competitive Korean corporations in 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 focuses on stocks with high growth potential in Asian countries, also achieved a balance of 100 billion won in about one year since launch while currently operating with Korea's investment weight as a key portfolio.
Along with this, it is operating a diverse product lineup, including "Yudongwon Wrap Series," which provides customized portfolios based on the Global Asset Allocation Division's asset allocation model, and the branch-operated wrap PMA (PB Management Account), which is directly managed by private bankers (PB) to reflect each client's investment propensity and investment objectives.
Yuanta Korea Wrap, Yudongwon Asia Wrap, and other wrap account products from Yuanta Securities Korea can be subscribed to at Yuanta Securities Korea branches nationwide and through 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 focus on client-centered operating principles to provide professional and systematized discretionary investment services."