Samsung Securities Offers Online-Only ELS Seeking Up to 9.6% Annual Pre-Tax Returns
[Asia Economy Reporter Song Hwajeong] Samsung Securities announced on the 3rd that it will recruit the 24,250th online-only equity-linked securities (ELS) product, which seeks a maximum pre-tax annual return of 9.6%, until 1 PM on the 8th.
Samsung Securities ELS 24,250 is a 3-year maturity product based on the US (S&P 500), Japan (Nikkei 225), and Hong Kong (HSCEI) indices. If none of the three indices fall below 55% of the initial price until maturity, it pays a pre-tax annual return of 9.6%.
ELS 24,250 has a step-down structure with early redemption opportunities every six months. If all three indices are above 90% (at 6, 12, and 18 months), 85% (at 24 and 30 months), and 75% (at 36 months) of the initial price at each observation date, it pays a pre-tax annual return of 9.6% and redeems the principal.
Additionally, the online-only ELS 24,251, recruited during the same period, is based on the US (S&P 500), Korea (KOSPI 200), and Japan (Nikkei 225) indices. If none of the three indices fall below 43% of the initial price, it pays a pre-tax annual return of 6.6% and redeems the principal.
Subscription to Samsung Securities online-only ELS is available through the Samsung Securities website, the Samsung Securities mobile app 'mPOP', and the Home Trading System (HTS).
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Meanwhile, Samsung Securities is running the 'Get THE Benefits' event until December 31, where customers who trade financial products (including ELS) online for a certain amount and frequency each month can receive up to 50,000 KRW additionally. For more details about the event, please refer to the Samsung Securities website or contact the Family Center.
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