MiraeAsset News & Analysis

Mirae Asset Securities Reports 15,000 Infant Investment Accounts

In June, brokerage accounts for children under one year old at Mirae Asset Securities nearly tripled year-over-year to about 15,000. Additionally, new account openings for kids under nine have increased by nearly 60% to around 185,000. Parents are increasingly investing in U.S. exchange-traded funds, such as those tracking the S&P 500. The growth in investment accounts reflects a shift towards wealth planning, even amidst volatility in the domestic stock market, suggesting lasting changes in investment preferences in South Korea for future generations.