Switching refers to the procedure of selling the investment products currently held and purchasing other investment products. Therefore, it takes about one week to 10 days to complete all transa... Show Detail
You can see it on the AnswerNet. <How to find "Transaction History"> Log in to the AnswerNet > Click on the "Participant Main Page" tab > Click on "View History" in the orange frame where... Show Detail
Are there any fees for switching investment products?
There is no fee for the switching procedure. Depending on the investment product, fees such as partial redemption charge or redemption charge may be deducted at the time of sale or purchase. ... Show Detail
If the contribution amount changes, do I need to designate allocation ratios again?
The allocation ratios are designated as a percentage (%). The percentage (%) is applied according to the contribution amount. You don’t need to designate the allocation ratio if you purchase at the... Show Detail
Is it possible for a corporate-type DC participant to conduct switching after he/she retires?
If a corporate-type DC participant retires before the age of 60, he/she will not be able to change investment products once the procedure to terminate eligibility (registration of retirement) is co... Show Detail
What happens if I do not provide investment instructions for contributions?
<Corporate-type DC> If investment instructions are not provided when contributions are made, contributions will be managed in cash as uninstructed individual assets. An investment product(s) can b... Show Detail
How often can I change products through switching?
There is no limit to the number of times or frequency of conducting switching. Under the law, participants and investment instructors shall be able to provide investment instructions at least once ... Show Detail
Can I cancel my switching order?
Switching order can be cancelled up to 11:59 p.m. on the day you complete the switching procedure (the following business day if the date of receipt is a bank holiday). <How to cancel a switchin... Show Detail
What is the difference between changing allocation ratios for contributions and switching?
Both changing allocation ratios for contributions and switching are the procedures for changing investment products. However, the two procedures are separate procedures with different targets, and ... Show Detail
How many days does it take to complete a transaction for switching investment products?
Switching refers to the procedure of selling the investment products currently held and purchasing other investment products with the sales proceeds. It takes approximately 1 week to 10 days to com... Show Detail
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