As the KOSPI has continued a rally toward 10,000 points recently, retirement pension funds are also moving en masse into the stock market. Demand is growing to invest retirement pensions in exchange-traded funds (ETFs) or blue chips to raise returns.
However, many investors are wondering how to build their retirement pension portfolios. It is not easy to manage retirement pensions directly and consistently deliver satisfying results. The retirement pension robo-adviser launched by Mirae Asset Securities is a perfect fit for these investors.
Robo-adviser is a compound of "robot" and "adviser." Using computer algorithms, it analyzes customers and financial data and recommends which products to choose and how much to allocate at this point in time.
First released in Sept. 2022, the service had 137,705 units and an assessed value exceeding 957.2 billion won as of the 15th, reflecting steady customer interest.
The robo-adviser service diagnoses a customer's investment tendency, proposes a portfolio, and, over time, proposes new portfolios, all carried out by the system, and it offers the advantage of delivering customized portfolios based on signals.
In particular, the service is designed to specialize in retirement pension management. It diversifies investments across high-quality global assets, proposes customized portfolios by combining asset allocation plans with customer characteristics in line with changes in market conditions, and provides steady management through alert messages, according to Mirae Asset Securities.
A Mirae Asset Securities official added, "It is a suitable service for investors who are unfamiliar with investing and are leaving their pensions unattended, investors who find it difficult to manage retirement pensions directly, and investors who want to diversify into a variety of global assets easily without complicated procedures."
The minimum subscription amount to apply for the robo-adviser service is 10,000 won. Subscribers to Mirae Asset Securities retirement pensions can receive portfolios free of charge with no fees.
The service can be subscribed to on the Mirae Asset Securities mobile app M-STOCK. After subscribing, proceed with "custom design for my account" to check the customized portfolio, and once approved, it immediately leads to an operation instruction.
When the three models that determine global asset allocation, product selection, and timing of changes capture a portfolio change signal, alert messages are sent through an organically connected management system. Investors can check a new customized portfolio that reflects market changes via the link included in the message and can easily change the portfolio with a few clicks.
Jung Hyo-young, head of pension consulting at Mirae Asset Securities, said, "Mirae Asset Securities' robo-adviser adopts a risk-parity style asset allocation model and aims for stable long-term performance," adding, "It is highly suitable for retirement pension management, and since it has completed years of performance verification, it will help with retirement asset management."