NH Investment & Securities Launches Exclusive ELS for Namu... Biweekly Issuance Until End of June

NH Investment & Securities Headquarters Building (Photo by NH Investment & Securities)

[Asia Economy Reporter Kum Boryeong] NH Investment & Securities is offering a dedicated Namu equity-linked securities (ELS) product.

NH Investment & Securities announced on the 20th that it will recruit special ELS products exclusively for the mobile securities platform Namu at biweekly intervals until the end of June.

The ELS No. 19450, which started recruitment today, limits losses to 10%. It features a new structure where returns at maturity are determined by the increase rate of the underlying assets. Samsung Electronics and Kakao are the underlying assets, and if the closing prices of all underlying assets on the early redemption evaluation dates are at least 99% of the initial reference price (at 3, 6, and 9 months), an annual pre-tax return of 12% is paid.

If early redemption does not occur, returns at maturity are determined by the increase rate of the underlying assets. There is no limit on gains from increases, but losses from declines are capped at 10%.

The minimum subscription amount is 100,000 KRW and must be in units of 100,000 KRW. Subscriptions for ELS No. 19450 are available until 1 PM on the 24th. For more details, please check the Namu website and mobile application.

Meanwhile, ELS No. 19423, which NH Investment & Securities recruited until the 9th, attracted nearly 200 billion KRW in funds, recording a high subscription competition rate of 6.6 to 1. ELS No. 19454, which closed recruitment on the 17th, also showed a competition rate of 4.5 to 1.

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