Kiwoom Securities Launches 6 New ELS Products

[Asia Economy Reporter Oh Ju-yeon] Kiwoom Securities announced on the 14th that it is launching six types of equity-linked securities (ELS) with various underlying assets and structures, including US stocks, domestic stocks, and global stock indices, to broaden investors' choices, and is accepting subscriptions.

ELS are financial investment products based on stock indices or stocks as underlying assets, which are redeemed with profits if the underlying asset prices meet predetermined conditions, and incur losses if the conditions are not met.

The newly launched "83rd New Global 100 Trillion ELS" is a medium-risk, principal partial payment structured product with a one-year maturity and a maximum loss limited to -20%. It is based on the stock prices of Amazon and Samsung Electronics common shares, and if the maturity evaluation prices of both underlying assets are equal to or higher than the initial reference prices, a minimum pre-tax return of 19% is paid. If the reference underlying asset (the one with the lower increase rate or greater decrease rate among the two underlying assets) rises by 19% or more compared to the initial price on the maturity evaluation date, the return is paid proportionally to the increase, with no cap on the maximum return. If the maturity evaluation price of the reference underlying asset is between 90% and less than 100% of the initial reference price, the return is 0%, and only the principal is paid at maturity. If it falls below 90%, losses ranging from -10% up to a maximum of -20% may occur.

Kiwoom's "81st New Global 100 Trillion ELS" is a product with a one-year maturity that offers early redemption opportunities every three months, with a pre-tax annual return of 25% if conditions are met. The underlying assets consist of two stocks: Tesla and Nvidia. If the prices of both underlying assets are at least 85% (3 months), 80% (6 months), 70% (9 months), and 55% (12 months) of the initial reference prices at each evaluation period, early redemption occurs with a pre-tax annual return of 25%. Even if early redemption does not occur, if the underlying asset prices have never fallen below 45% of the initial reference prices during the investment period, the product is redeemed at maturity with a pre-tax return of 25%. However, if either underlying asset has fallen below 45% of the initial reference price at any time, the conditions are not met, and principal losses ranging from -45% to -100% may occur.

In addition, Kiwoom is selling a total of six products, including one ELS composed solely of three stock indices: the S&P 500 Index, EuroStoxx 50 Index, and KOSPI 200 Index, and three ELS products that include large domestic and international stocks such as SK Hynix, KB Financial Group, Hyundai Mobis, AMD, and Netflix.

The subscription deadline is 1 PM on the 16th of this month.

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