Kiwoom Securities Launches 5 Types of ELS and DLS

[Asia Economy Reporter Oh Ju-yeon] Kiwoom Securities announced on the 5th that it has launched five types of ELS (Equity-Linked Securities) and DLS (Derivative-Linked Securities) based on various underlying assets.

The 'Kiwoom No.161 DLS' related to oil has a maturity of 3 years and an expected pre-tax annual return of 7.0%. The underlying assets are the EUROSTOXX50 index, HSCEI index, and WTI (West Texas Intermediate) crude oil futures index. Early redemption opportunities occur every 6 months, and if all underlying assets are at or above 90% of the initial reference price at 6 and 12 months, 85% at 18 and 24 months, 80% at 30 months, and 75% at 36 months, a pre-tax annual return of 7% is paid. Even if early redemption does not occur, if the underlying assets have never fallen below 50% of the initial reference price during the investment period, the principal is repaid at maturity with a pre-tax return of 21%. However, if the underlying assets have fallen below 50% of the initial reference price at any time, principal loss may occur.

The 'Kiwoom No.1245 ELS' has a maturity of 1 year and an expected pre-tax annual return of 17%. If the prices of the underlying assets, Tesla common stock and Netflix common stock, are both at or above 95% (3 months), 90% (6 months), 85% (9 months), and 75% (12 months) of the initial reference price, early redemption occurs with a pre-tax annual return of 17%. The knock-in barrier is 50%.

The 'Kiwoom No.1246 ELS' is a lizard ELS with an expected annual return of 9.8%. A lizard ELS is a product that adds lizard redemption conditions to an ELS that has not been early redeemed in a declining market, providing additional early redemption opportunities like a lizard cutting off its tail to escape. The underlying assets are the EUROSTOXX50 index, Samsung Electronics common stock, and Celltrion common stock. Early redemption occurs with a pre-tax annual return of 9.8% if either the general early redemption conditions or the lizard early redemption conditions are met. The maturity is 3 years, and the knock-in barrier is 50%.

Additionally, the ‘Kiwoom No.1247 ELS’ is an ELS based on the EUROSTOXX50 index, SK Hynix common stock, and KB Financial common stock, and the ‘Kiwoom No.1248 ELS’ is an ELS based on the S&P500 index, EUROSTOXX50 index, and Nikkei225 index.

The subscription deadline is 1 PM on the 7th, and an event will be held where ELS investors will be selected by lottery to receive 50,000 KRW.

This content was produced with the assistance of AI translation services.