Kiwoom Securities Reports Over Double Increase in ETF Investments

Kiwoom Securities announced a significant increase in the number of ETF investments through retirement pension accounts over the past year, doubling previously recorded figures. The contributions to defined contribution (DC) and individual retirement pension (IRP) accounts rose from 5.8 trillion KRW to 8.4 trillion KRW, with ETF investment amounts soaring from 752.9 billion KRW to 1.7513 trillion KRW. This surge reflects investors' growing preference for actively increasing their pension account returns.
The rate of return for ETFs stood impressively at 11%, compared to a 3.2% return from traditional savings. The share of ETFs within accounts increased from 13% to 20.9%, and bond investment proportions also saw a rise, whereas deposits and other principal-protected products saw a decline. This shift indicates a change in investor behavior towards seeking higher returns.
Kiwoom Securities plans to introduce various services using robo-advisors and direct bond trading to enhance investment convenience for its clients. These initiatives aim to provide a foothold for attracting more investors. Furthermore, the development of non-face-to-face investment services and systematic automatic ETF investment services continues to evolve.
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