The balance (discretionary assets by investor) of the "Yuanta Korea Wrap," which Yuanta Securities Korea launched in November last year, surpassed 240 billion won six months after launch.
Yuanta Korea Wrap is managed by the wrap management team at Yuanta Securities Korea, which includes Head of Team Oh Gyeong-taek, a former analyst with an edge in market trend analysis and stock discovery based on long-standing research capabilities, and portfolio managers who are former top private bankers (PBs).
Investing in leading domestic corporations that respond quickly to shifts in global trends, this product invests in domestic "growth-value stocks" expected to grow, pursuing fundamentals and valuation gains at the same time. It goes beyond simply chasing earnings and valuations, deploying an investment strategy that proactively responds to global technological change and industry restructuring.
In particular, when building the investment portfolio, the managers directly research and meet corporations to closely verify growth potential. Placing large caps and small- and mid-caps in the full pool, they select corporations with clear competitiveness and strong fundamentals, and differentiated corporations that, even amid recession and inflation, expand capital expenditures (CAPEX) to defend margins and drive revenue growth.
The managers also break down corporations' earnings growth into the functions of price (P), quantity (Q), and valuation (V), and concentrate investments in corporations that match the key factors for each period.
Head of Team Oh Gyeong-taek said, "If we identify industrial changes tied to people's lifestyles, such as robots, artificial intelligence (AI), and semiconductors—the global focal points—and focus on the essential elements of investment, growth and value, solid investment results can be expected," adding, "We are steadily delivering results by investing in corporations with high technological strength and dividend value, and high growth potential that also lead market trends and industry change."
The minimum subscription amount for Yuanta Korea Wrap is 30 million won, and there are two types depending on the fee structure: performance fee type and target-conversion type. For the performance fee type, it charges a deferred annual 1.5% fee (0.375% quarterly) plus a performance fee agreed with the investor, while the target-conversion type charges a one-time upfront 1.5% and a deferred annual 1.0% (0.25% quarterly).
Subscriptions are available through Yuanta Securities Korea branches nationwide and the TRADER M (MTS).