Korea Investment & Securities, Recruiting Step-Down Type TRUE ELS

[Asia Economy Reporter Junho Hwang] Korea Investment & Securities, a subsidiary of Korea Financial Group, is募集ing a total of 5 billion KRW for the 13,731st online exclusive ELS (Equity-Linked Securities) based on Netflix (NFLX UW) and the S&P 500 index from the 16th to the 18th.

This product has a 3-year maturity step-down structure, observing the underlying asset prices every 6 months. If the prices are at least 85% of the initial reference price at 6, 12, and 18 months, 80% at 24 and 30 months, and 70% at 36 months, it pays an annual return of 8.6% and redeems. Even if early redemption does not occur, if the underlying asset prices have never fallen below 45% of the initial reference price during the investment period, investors can earn a 25.8% return (8.6% annually) at maturity.

However, if the underlying asset prices have fallen below 45% of the initial reference price at any time and the maturity evaluation price is below 70% of the initial reference price, principal loss will occur. In this case, the principal loss rate ranges from 30% to 100%.

During the same period, the 13,730th step-down ELS based on Samsung Electronics, Hong Kong H (HSCEI), and Nikkei 225 (NIKKEI225) indices will also be募集ed. The minimum subscription amount per product is 1 million KRW.

The online exclusive TRUE ELS can be subscribed through the Korea Investment & Securities website, Home Trading System (HTS), and Korea Investment mobile app.

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