Insurance Linked Securities Fund which was launched [Korea Seo Hye Rin nine financial newspaper reporter - only four product models until now have been released as open call for participants type products.
Daishin Securities is the 17th nation's first IPO-type insurance-linked securities: the announced sale (ILS Insurance Linked Securities) 'modern ILS Best Opportunity Securities Investment Trust 1' goods.
Insurance-linked securities are financial instruments that fund investment performance is determined by the frequency and scale of the insured event. ROI is obtained as a premium (or catastrophe bond interest), during the year the insured event occurs payment of insurance investment loss occurs. This investment insurance investment income much more than insurance expenses during the period, contrary to the claims expenditure is large loss than premium income.
As linked to the possibility of a disaster event occurs that investment performance is determined, unlike traditional financial products is low makes the advantages associated with the global economy and financial variables. For example, if you generate the global recession has affected the batjiman markets around the world, ILS return does little affected.
This product is the first to showcase conspiracy-type insurance-linked securities in domestic products, mainly to invest in the ILS product ingenuity foldable responsible for the insured event in the US, Europe, Australia, New Zealand and Japan. A unit-type products that are repurchased to limit the investment period is 1 year and 9 months. The minimum subscription amount is 10 million won, Inception is May 10th. Management is in charge of Hyundai Investment Asset Management, instead it is possible to sign up online through the Securities and branches.
Choegwangcheol Daishin Securities product planning manager, said, "ILS is set to a recent private form institutional investors and to asset products are popular," "The conspiracy-type ILS is expected to contribute to the assets managed by other jaetekeu it means to retail investors "he said.
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