[DigitalToday reporter Sangyeop Oh (오상엽)] Mirae Asset Securities said on Wednesday that client assets in its Individual Savings Account (ISA) have topped 15 trillion won. It said assets rose by 5 trillion won in three months after exceeding 10 trillion won at the end of January, adding that investor interest in tax-saving investments is continuing.
A brokerage-type ISA is an account that allows direct investment in various financial products, including ETFs, South Korean stocks and bonds, within a single account. With tax exemptions on investment gains and separate taxation at a low rate, individual investor interest has been growing alongside the recent rise in the stock market.
Mirae Asset Securities said that, based on ISA account statistics for the first quarter, about 5,100 clients received tax-saving benefits such as tax-free limits and separate taxation at a low rate through maturity cancellations. The tax savings totalled 2.4 billion won, and clients saved an average of 470,000 won per account, it said.
A Mirae Asset Securities official said, "ISA client assets surpassing 15 trillion won is the result of customers' trust accumulating," adding, "We will continue to provide a variety of services based on a customer-first principle."