Mirae Asset Securities Lists Two 'Oksusu Futures ETN' Products

[Asia Economy Reporter Song Hwajeong] Mirae Asset Securities announced on the 16th that it will list two types of leverage and inverse leverage exchange-traded notes (ETNs) linked to corn futures underlying assets on the Korea Exchange.

The newly listed "Mirae Asset Leverage Corn Futures ETN" is a product that tracks twice the daily return of corn futures traded on the Chicago Mercantile Exchange, and the "Mirae Asset Inverse 2X Corn Futures ETN" is an inverse leverage product that tracks -2 times the daily return of corn futures.

A representative from Mirae Asset Securities said, "Agricultural product ETNs can serve as an investment alternative for inflation hedging and have the characteristic of low correlation with other assets such as stocks, bonds, and real estate, providing significant diversification effects. Recently, as customers' interest in diversification and alternative investment methods has increased, we launched this product to meet such investment demand."

This product can be traded like common stocks after the listing date, and inquiries related to ETN trading and online transaction methods can be confirmed through the Mirae Asset Securities customer center. This financial investment product may incur losses of principal (0~100%) due to asset price fluctuations, exchange rate changes, credit rating downgrades, etc., and such losses are borne by the investor.

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