Korea Investment & Securities, a subsidiary of Korea Investment Holdings, announced on the 8th that it will run the "ETF Market OPEN Trading Event Season 2" through May 4 for holders of stock accounts on its online-only trading service BanKIS.
The event targets traders of eligible ETFs from four partner asset management firms: Shinhan Asset Management, Samsung Active Asset Management, Kiwoom Investment Asset Management and Hanwha Asset Management. Those who trade eligible ETFs from each partner firm with a daily trading volume of 500 million won or more will be entered into a daily draw of 10 winners per firm, each receiving 50,000 won in culture gift certificates. In addition, if the combined weekly trading volume across all four firms' eligible ETFs reaches 10 billion won or more, five winners will be drawn each week to receive 1 million won in cash.
"Recently, ETFs have been growing rapidly, attracting broad interest from beginner investors to those seeking efficient portfolio construction," said Kwak Jin, head of the eBiz division at Korea Investment & Securities. "We hope this event, which offers various benefits alongside our ETF Market service, will serve as an opportunity for customers to broaden their ETF investment experience."