Kiwoom Securities Launches 5 Types of ELS

[Asia Economy Reporter Oh Ju-yeon] Kiwoom Securities announced on the 4th that it has launched five types of ELS with various expected rates of return and is currently accepting subscriptions.

Kiwoom Securities' 1284th ELS offers a pre-tax expected annual return of 12.2% and is a typical step-down early redemption type ELS with a 3-year maturity and early redemption opportunities every 6 months. The underlying assets consist of three stocks: the EuroStoxx50 index, a major domestic stock Samsung Electronics common stock, and Samsung Biologics common stock. 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), early redemption occurs with a pre-tax annual return of 12.2%. Even if early redemption does not occur, if during the investment period none of the underlying assets fall below 50% of the initial reference price, the principal is repaid at maturity with a pre-tax return of 36.6% (12.2% per annum). However, if any of the underlying assets fall below 50% of the initial reference price at any time, principal loss may occur.

Kiwoom Securities' 1286th ELS offers a pre-tax expected annual return of 5.4%, with a knock-in barrier of 45%, a 3-year maturity, and early redemption opportunities every 6 months in a step-down early redemption structure. The underlying assets are all widely used stock indices: the S&P 500 index, EuroStoxx50 index, and NIKKEI225 index. When all underlying assets are stock indices, the expected return is lower compared to ELS composed of individual stocks, but it is suitable for relatively conservative investors. If early redemption conditions are met, early redemption occurs with a pre-tax annual return of 5.4%. Even if early redemption does not occur, if during the investment period none of the underlying assets fall below 45% of the initial reference price, the principal is repaid at maturity with a pre-tax return of 16.2% (5.4% per annum). However, if any of the underlying assets fall below 45% of the initial reference price at any time, principal loss may occur.

Kiwoom Securities is also continuously launching products with U.S. stocks as underlying assets and a 1-year maturity. Kiwoom's "New Global 100 trillion 43rd ELS" offers early redemption opportunities every 3 months during its 1-year maturity, with a pre-tax expected annual return of 26%. The underlying assets of the "New Global 100 trillion ELS" are all companies with a market capitalization exceeding 100 trillion won. For this 43rd ELS, the underlying assets are Tesla common stock and Nvidia common stock. If both underlying assets are at or above 90% of the initial reference price (at 3 and 6 months), 85% (at 9 months), and 75% (at 12 months), early redemption occurs with a pre-tax annual return of 26%. The knock-in barrier is 50%, and if any of the underlying assets fall below 50% of the initial reference price during the investment period, principal loss may occur.

Additionally, Kiwoom Securities is accepting subscriptions for one lizard-type ELS, which includes a lizard condition allowing additional early redemption even if the ELS is not redeemed early, and one ELS with U.S. stocks as underlying assets. The subscription deadline is 1 PM on the 6th.

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