2nd National Participation Growth Fund to Launch on the 30th… Allocation for Low-Income Families Expanded to 50%
4 Articles
4 Articles
The Financial Services Commission announced on the 8th that the second National Growth Fund (National Participation Growth Fund) will be launched on the 30th of this month. Sales will be conducted on a first-come, first-served basis until the 15th of next month, with restrictions on subscribers to the first fund.
The Financial Services Commission has launched the 2nd National Participation Growth Fund, worth 600 billion won, to foster high-tech strategic industries. The allocation for low-income earners with an annual income of 50 million won or less has been halved, and the subscription process has been simplified. While it offers benefits such as an income tax deduction of up to 18 million won and separate taxation on dividend income, caution is requir…
The National Growth Fund, which was a huge success with 600 billion won worth selling out immediately after its launch last May, is launching a second round of sales.
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