(Photo = Yonhap News)
The National Participation Policy New Deal Fund (hereinafter referred to as the National Participation New Deal Fund) was “completed out” early in six banks. IBK Industrial Bank, the only one with remaining stocks, is also facing exhaustion of the limit.
According to the banknotes on the 4th, the National Participation New Deal Fund sold by the five major commercial banks including KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup and KDB Industrial Bank were sold out on the 1st.
Currently, the only place left to be allocated is IBK. However, IBK is also expected to run out of limits in the morning when sales resume at front-line branches on the 5th. IBK has exhausted 19.8 billion won out of the 22 billion won allotted until the 2nd, leaving about 2.2 billion won.
The National Participation New Deal Fund was sold by a total of 15 financial companies, including 7 banks and 8 securities companies. The amount allocated to each of the seven banks is KB Kookmin Bank 22.6 billion won, Industrial Bank 22 billion won, Hana Bank 15.5 billion won, NH Nonghyup Bank 15 billion won, Shinhan Bank 11 billion won, Woori Bank 7 billion won, Korea Development Bank 10 It was a billion won.
The National Participation New Deal Fund launched this time is a private equity indirect public offering fund mainly investing in equity and mezzanine securities issued by companies in the New Deal sector. It is an analysis that the fact that a large portion of the principal amount of the National Participation New Deal Fund is virtually preserved has been rumored to attract customers who want to join as soon as they start selling from securities companies to banks.
The National Participation New Deal Fund is a high-risk product with a risk rating of 1 to 2, with a loss of up to 21.5%, and when the rate of return exceeds 20%, the excess return is divided into 4 to 6 ratios between general and subordinate investors.