[Sponsored Report] Preparing for the golden age

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[Sponsored Report] Preparing for the golden age


Provided by Daewoo Securities

Daewoo Securities’ Golden Age Portfolio is a product that provides guidelines on where to invest retirement funds.

The portfolio pursues the maximum amount of compound interest through long term investment and pays out interest on a monthly basis but aims to make more than this compared to the amount invested.

Every month during the 10 year investment period the investor will receive 0.5 percent of the principal amount invested plus increase in total interest considering 3 percent inflation per year.

If the client initially deposits 1 billion won they can expect to receive around 5 million won every month in interest and an increase in the original fund to around 1.34 billion won. However, as this is a variable product there is a chance of loss to the principal investment.

The Golden Age Portfolio has two different methods of investment.

The No.2 product mostly invests in government bonds and redemption guaranteeing DLS products, so it is better for clients seeking more stability and safety for their investment.

The tax saving product invests mostly in products that have low-tax bases and high profitability, based on chances of risks, reducing the burden of tax.

In the case of product No.2, when looking into the assets that will become part of the portfolio, 15 percent is invested in inflation-linked bonds, which are safe assets and 15 percent is invested in principal securing DLS products. In total 50 percent in a multi-mixed fund and the remaining 20 percent is invested in the stock index ETF.

As the portion invested in safe assets is relatively high, this product is more suitable for clients seeking a safe profit.

The tax saving product invests 80 percent in mixed funds that aims for absolute profit and 20 percent at stock index ETF.

An average of 52 percent of the asset is from equity, so by reducing the portion of bond investment investors can reduce tax. The tax basis is expected to be only 10,000 won when investing 100 million won, so the product is very good for those who are very sensitive to aggregate taxation on financing income.

An executive from Daewoo Securities product development team said, “With the Golden Age Portfolio clients can expect an asset increase at least at the level of inflation and also a regular monthly income payment so it is a great product for retirees and large fund holders.”

Customers can purchase this product at any branch of Daewoo Securities.

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