NH Investment & Securities announced on September 29 that it will begin accepting subscriptions for its first short-term investment account (IMA) product, 'N2 IMA1 Short-Term No. 1,' until October 7.
The N2 IMA1 Short-Term No. 1 has a maturity of 1 year and 6 months, with a total subscription target of approximately 100 billion won. The offering may close early if the subscription limit is reached.
An IMA is a product in which a securities firm guarantees the return of principal and invests customer funds in corporate finance assets such as acquisition financing, corporate loans, and corporate bonds to generate returns.
This new product is designed to meet the demand of customers looking for short-term investment options, with a maturity of less than two years, differing from previously offered medium-term products.
The performance-based return rate is set at 4.3% per year, and the total fees are 0.5%, which is 0.1 percentage points lower than that of medium-term products. A performance fee of 40% will be applied to returns exceeding the benchmark rate (after fees are deducted).
Bae Kwang-soo, CEO of NH Investment & Securities, stated, "We believe it is important to have an IMA lineup that aligns with our customers' investment periods and objectives, which is why we prepared this short-term product. We will continue to introduce a variety of products with different maturity structures to expand our customers' options."
For more details on product subscriptions and events, customers can visit NH Investment & Securities branches nationwide or check the mobile trading systems 'NH Investment & Securities (N2)' and 'Namuh (NAMUH).'
* This article has been translated by AI.
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