Samsung Securities Offers Online-Only ELS Seeking Up to 11.1% Annual Pre-Tax Returns
[Asia Economy Reporter Song Hwajeong] Samsung Securities announced on the 31st that it will recruit the 24,214th online-only equity-linked securities (ELS) product, seeking a maximum pre-tax annual return of 11.1%, until 1 PM on the 3rd of next month.
Samsung Securities ELS 24,214 is a 3-year maturity product based on the US (S&P 500), Europe (Eurostoxx 50), and Hong Kong (HSCEI) indices. If none of the three indices fall below 55% of the initial reference price until maturity, it pays a pre-tax annual return of 11.1%.
ELS 24,214 has a step-down structure with early redemption opportunities every six months. If all three indices are at or above 90% of the initial reference price at 6, 12, and 18 months; 85% at 24 and 30 months; and 75% at 36 months, it pays a pre-tax annual return of 11.1% and redeems the principal.
Additionally, the online-only ELS 24,215, recruited during the same period, is based on the US (S&P 500), Europe (Eurostoxx 50), and Japan (Nikkei 225) indices. If none of the three indices fall below 43% of the initial reference price, it redeems at a pre-tax annual return of 8.8%.
Subscription to Samsung Securities online-only ELS is available through the Samsung Securities website, the Samsung Securities mobile app 'mPOP', and the POP Home Trading System (HTS).
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Meanwhile, Samsung Securities is running the 'Receive THE Benefits' event until December 31, where customers can receive up to 50,000 KRW additionally by trading financial products (including ELS) online with a certain amount and frequency each month. For more details about the event, please refer to the Samsung Securities website or contact the Family Center.
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