Samsung Securities Offers Up to 4.48% Annual Yield... Online-Only ELS Subscription Open

Published 28 May.2021 16:43(KST)

[Asia Economy Reporter Park Jihwan] Samsung Securities announced on the 28th that it will recruit an online-only ELS seeking a maximum pre-tax annual return of 4.48% until 1 PM on the 10th of next month.

Samsung Securities ELS Series 26186 is a 3-year maturity product based on the US (S&P500), Japan (Nikkei225), and Europe (Eurostoxx50) indices. If none of the three indices fall below 47.5% of the reference price until maturity, a pre-tax annual return of 4.48% will be paid.

ELS Series 26186 has a step-down structure with early redemption opportunities every 6 months. If all three indices are above 95% (6 months), 90% (12 months), 85% (18 months), 80% (24, 30 months), and 75% (36 months) of the reference price at each setting, a pre-tax annual return of 4.48% will be paid and the product will be redeemed.

The online-only ELS Series 26185, recruited during the same period, is based on the US (S&P500) and Europe (Eurostoxx50) indices, and if none of the indices fall below 55% of the reference price, it will pay a pre-tax annual return of 5.04% and be redeemed.