Mirae Asset Daewoo Sells 10 Types Including 1-Year Early Redemption ELS

[Asia Economy Reporter Song Hwajeong] Mirae Asset Daewoo announced on the 13th that it will sell a total of 10 products, including 1-year maturity early redemption type Equity-Linked Securities (ELS), worth approximately 140 billion KRW from the 13th to 17th until 1:30 PM.

The newly offered "No. 26989 KOSPI200-HSCEI-Euro Stoxx 50 ELS" [High Risk] is a 1-year maturity product that provides an annual pre-tax return of 6.70% if the prices of all underlying assets are at least 80% (at 3, 6, and 9 months) and 75% (at 12 months) of the initial reference price on the early redemption evaluation dates.

Even if early redemption does not occur, if the prices of all underlying assets have never fallen below 50% of the initial reference price until the maturity evaluation date, an annual pre-tax return of 6.70% will be paid.

However, if any of the underlying assets have fallen below 50% of the initial reference price at any time and at maturity evaluation any of the underlying assets are below 75%, principal loss of up to 100% may occur according to the maturity redemption conditions.

Detailed information about the products is available at Mirae Asset Daewoo nationwide branches and customer centers.

This product may incur principal loss if the underlying assets do not meet the price conditions, and all stated returns are pre-tax returns.

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