[Sponsored Report] Daewoo’s Star Portfolio has security in diversity
To help its customers come through market fluctuations unscathed, Daewoo has introduced the Daewoo Star Portfolio Wrap.
Eighty percent of the product is Daewoo’s acclaimed “Star Portfolio,” which is based on an optimized asset allocation model that has achieved an average increase of 10 percent with steady profits and fluctuations only about half as severe as those on the Kospi benchmark index. So impressive was this performance that Korea’s Financial Supervisory Service honored it with an award for excellence for new financial product in the securities category on Dec. 30, 2009.
The Daewoo Star Portfolio Wrap is designed to make that power performance accessible to the public. Without worrying about asset allocation, choosing products or resale timing, clients will receive a balanced portfolio of promising new assets chosen by Daewoo Securities experts, making it a “one-stop solution.”
The Daewoo Star Portfolio Wrap is functionally the same as investing in regular funds, except it mostly consists of wrap-class funds with lower fees. Daewoo offers 0.8 percent at the front end and 0.2 percent of annual average balance, cheaper than other wrap account products, which apply fees of 2 to 2.5 percent.
One Daewoo Securities executive remarked, “As we have managed the performance of the Star Portfolio since 2009 through continuous product analysis and regular change in main products, the profit rate compared to the risk is fairly high relative to other assets. We have introduced the Daewoo Star Portfolio Wrap based on this achievement. As the main product of Daewoo Securities, we will work to achieve stable outstanding profit in the future with all our resources.”
There’s no limit on purchases, which can be made at any Daewoo branch for 5,000,000 won minimum.
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