According to the Financial Services Commission, Lee visited the NH Nonghyup Bank branch in Seoul on the morning of the launch to enroll in the fund.
He experienced the entire enrollment process, including investor profiling and verifying key fund details, to assess the convenience and challenges of the procedure.
"The National Participation Growth Fund offers citizens an attractive investment opportunity to share in the growth of future strategic industries while providing essential funding to companies in advanced strategic sectors," Lee said.
He added, "In the context of fierce global competition in advanced strategic industry technologies, the National Growth Fund serves as an investment platform to overcome the structural challenges facing our economy. The public's valuable investments will be the seeds for nurturing future growth engines."
As the fund's sales have officially begun, Lee urged participating firms to ensure strict internal controls to prevent any instances of improper sales. He also stated that the government would monitor the enrollment process in real-time to minimize public inconvenience and quickly address any issues that arise.
"We will thoroughly review the fund's management and investment execution to ensure that the National Participation Growth Fund can swiftly provide funding to the advanced strategic industry sector," Lee stated.
The National Participation Growth Fund will be available for purchase for three weeks starting from May 22, with a total size of 600 billion won. The fund will be established by pooling 600 billion won from public funds and 120 billion won from the government, which will then be invested in 10 sub-funds. It is classified as a high-risk investment product, requiring a suitable investor profile for enrollment.
* This article has been translated by AI.
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