Mirae Asset Securities Announces "Mirae Asset IMA No. 4" Subscription on a First-Come, First-Served Basis View original image

Mirae Asset Securities announced on August 20 that it will launch the "Mirae Asset Comprehensive Investment Account (IMA) No. 4", and will begin recruiting a total of 100 billion won for four days from the 24th to the 27th.


"Mirae Asset IMA No. 4" is a three-year maturity product with performance-based dividends, and the minimum subscription amount is 1 million won. Even during the subscription period, if the cap is reached, early closure may occur on a first-come, first-served basis.


Reflecting the recent rise in market rates and the Financial Monetary Committee's key rate hike, the benchmark return rate, which serves as the hurdle for performance fees, has been raised from 4% per annum to 5% per annum. A 40% performance fee rate will be applied to returns exceeding the benchmark return rate. However, it should be noted that the benchmark return rate is not a target return, and the IMA is a performance-based dividend product, with returns depending on management performance.


Mirae Asset Securities guarantees the principal, and distributes returns according to management performance. The product seeks stable interest income through interest-earning assets and aims to generate additional returns by investing in global innovative companies and mezzanine instruments.


Main investment assets include public and private corporate bonds, acquisition finance, securitized accounts receivable loans, mezzanine bonds (such as CB and EB), and redeemable convertible preferred shares (RCPS) in unlisted equities. Detailed management status can be checked in a management report provided each quarter in the following month, and is also available on the Mirae Asset Securities M-STOCK mobile app and website.


To commemorate the product launch, an event will be held for online subscribers. Customers who join IMA for the first time will be given a mobile gift certificate according to their subscription amount, and even existing IMA subscribers will have a chance to receive a variety of gifts through a draw.



A Mirae Asset Securities representative stated, "The first to third IMA products were all sold out, confirming high customer interest. Since demand from customers is continuously rising, we will continue to enhance product competitiveness by utilizing various investment assets and management strategies."


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