NH Investment & Securities Launches 5 Public ELS Including Monthly Payment Types

[Asia Economy Reporter Kum Boryeong] NH Investment & Securities is selling five types of publicly offered equity-linked securities (ELS), including monthly payment types.

NH Investment & Securities announced on the 7th that it will recruit five types of ELS until 1 p.m. on the 8th.

ELS No. 19974 is a 3-year maturity product based on the S&P 500, Euro Stoxx 50 index, and Samsung Electronics common stock. On the monthly income payment evaluation date, if the closing prices of all underlying assets are 65% or more of the initial reference price, a monthly payment yield of 0.50% (pre-tax, annual 6.00%) is given. If you subscribe with 100 million KRW, you will receive 500,000 KRW pre-tax every month, and the maximum number of monthly income payments during the investment period is 36 times.

Also, on the early redemption evaluation date every six months, if the prices of all underlying assets are 95% (6 months), 90% (12 months), 85% (18, 24 months), 80% (30 months), and 75% (36 months) or more compared to the initial reference price, automatic early redemption occurs by adding the monthly payment yield to the principal. However, if any of the underlying assets have fallen below 55% of the initial reference price at any time, and at maturity evaluation any one is below 75%, principal loss of up to 100% may occur according to the maturity repayment conditions.

An NH Investment & Securities official explained, "ELS No. 19974 is a monthly payment product, and it is expected to attract high interest from investors who expect pension-type interest income every month."

ELS products, including ELS No. 19974, will be recruited up to a total limit of 40 billion KRW until 1 p.m. on the 8th. Subscriptions are available at all NH Investment & Securities branches and on the NH Investment & Securities online homepage. The minimum subscription amount per product is 1 million KRW.

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