Individual cash awaiting investment 500trillion won nearing, Daishin Securities–MUSINSA partnership draws attention
Funds held by individual investors on the sidelines of the stock market are 500nearing trillion won. Daishin Securities has teamed up with MUSINSA to 2030 investors, while investors in the National Growth Fund have expressed dismay over its returns.
1In the latest tally, funds waiting on the sidelines of the stock market are 500nearing trillion won. Reports say individual investors have accumulated cash-like assets. Market participants are watching to see where this money will go.
Daishin Securities has partnered with MUSINSA and 2030has launched marketing targeting the generation. The partnership benefits are listed at up to 8 million won. Daishin Securities announced that it aims to attract young investors through the partnership.
An article about the National Growth Fund reports that some investors have expressed dismay. One investor cited as an example invested 1 million won, but had a return of 0%. Investor complaints and inquiries are said to be increasing as a result.
Among ETF performances, LG Group-related ETFs recorded returns 1place. By contrast, Hanwha-related ETFs ranked last in terms of returns. This confirms that performance varies across ETFs.
The KOSDAQ market appears to be losing momentum in its recent bull-market phase. The article discusses the potential impact of the National Growth Fund and the promotion-relegation system on KOSDAQ. The possibility is raised that related policies and capital flows could become variables for the index going forward.