Yuanta Securities Launches ELS Tracking Tesla and Amazon

Subscription Available from 1 Million Won in 100,000 Won Increments

[Asia Economy Reporter Minwoo Lee] Yuanta Securities is offering derivative-linked securities (ELS) based on Tesla and Amazon.com as underlying assets.

Yuanta Securities announced on the 25th that it will offer ELS No. 4506 until the 26th. This is a 6-month principal non-guaranteed product based on Tesla and Amazon.com, which are listed on the US stock market. A pre-tax return of 1.70% (annualized 20.40%) is paid on each monthly coupon payment evaluation date regardless of the closing prices of all underlying assets.

If all underlying assets are at or above 100% of the initial reference price on the maturity evaluation date, the principal will be repaid. The principal will also be repaid if none of the underlying assets fall below 70% of the initial reference price during the investment period. However, if conditions are not met, the maximum loss rate is -89.80% (including monthly coupon income).

If any of the underlying assets fall below 70% of the initial reference price during the investment period and the maturity evaluation price is below 100% of the initial reference price, the physical shares of the asset with the larger decline will be delivered. If the decline rates are the same, shares of the underlying asset decided by the issuer will be delivered.

Subscriptions are available from 1,000,000 KRW in units of 100,000 KRW at Yuanta Securities nationwide branches, website, Home Trading System (HTS), and Mobile Trading System (MTS).

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