Thursday, March 23, 2017

KB Kookmin Bank, customers' profit linked remuneration cuts Fund launched



Announced [Korea sinyuncheol financial newspaper reporter] KB Kookmin Bank (Bank yunjonggyu) sold the "customer revenue reductions linked remuneration fund" the fund varies according to the yield premium that customers pay from 24 days to come.

Maintenance of fund products will yield poor customer dwaetjiman be applied uniformly, the Fund is subject to this system, which cuts maintenance sales maintenance and management fees depending on whether the target return achieved. Customer-oriented remuneration system is the first attempt of the banking sector.

This new product in mainland China (Shanghai / Shenzhen) listed shares of selected investments in undervalued blue-chip value stocks 'KB encouraging mainland China value stocks, goal conversions No. 2 (CO)' after the split copies according to the index fluctuated constant yield (5%) When you reach the 'smart Kiwoom strong to preserve the lower portion of revenue shares Investors

Number of goal conversions divided type No. 2 (stocks mixed-foldable ingenuity) it is. Sale period is (5 working days) from March 24 to March 30, you can join in the nationwide KB Kookmin Bank KB securities dealer.

This product when it reaches the target rate of return set out in the pre-liquidation after securing profits by switching to fixed income, so the customer has the advantage of being able to achieve the investment goals without having to worry about the short timing. If we can not achieve the target return on investment within six months after the start of sales when sales maintenance repair cuts of 50% and up to 1 year and 50% fail to achieve additional reductions and to cut 50% management fee.

KB Kookmin Bank official said that "equity compensation system improvement is one of the third national experience 20 大 financial practices reforms of the Financial Supervisory Service, the future plans to continue to release customer revenues linked remuneration cuts goods for return enhancement of the customer" .



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