The Financial Services Commission said on the 29th that the total amount raised for the Public Participation Public Growth Fund (hereinafter Public Participation Public Growth Fund) was 600 billion won.
The total number of subscribers in this round was 30,258 (15,207 through banks and 15,051 through securities), and among them, low-income earners (earned income of 50 million won or less) numbered 11,677 (38.6%). The average subscription per person was about 19.83 million won, and the proportion of low-income earners by sales amount was around 35% (banks 43%, securities 28.2%).
The Public Participation Public Growth Fund will be established on the 12th of the month after the offering period stated in the securities registration statement ends, and actual investments by subfund will begin on the 15th of the same month.
Investors in the Public Participation Public Growth Fund can check investment details by subfund through the "asset management report," which is prepared every three months after the fund is set (as of the reference date) and delivered within two months of the reference date.