Yuanta Securities Announces Public Offering of Three Types of Derivative-Linked Securities Including Domestic Stock ELS
[Asia Economy Reporter Minji Lee] Yuanta Securities announced on the 29th that it will publicly offer three types of derivative-linked securities, including early redemption ELS, totaling 7 billion KRW until October 7.
ELS No. 5033 is a non-principal-guaranteed product with a 3-year maturity and a 4-month early redemption cycle. It is based on the KOSPI200 index, S&P500 index, and EuroStoxx50 index. If all underlying assets are at or above 92% of the initial reference price (at 4 and 8 months), 90% (12 months), 85% (16 and 20 months), 80% (24, 28, and 32 months), and 75% (36 months), it will be redeemed early or at maturity with a pre-tax annual return of 8.01%. Even if early redemption does not occur, if none of the underlying assets fall below 38% of the initial reference price during the investment period, it will be redeemed at maturity with a pre-tax return of 24.03% (8.01% annually).
ELS No. 5034 is a non-principal-guaranteed product with a 3-year maturity and a 6-month early redemption cycle. It is based on the KOSPI200 index and Samsung Electronics common stock. If all underlying assets are at or above 95% (6 months), 90% (12 months), 85% (18 and 24 months), 80% (30 months), and 75% (36 months) of the initial reference price, it will be redeemed early or at maturity with a pre-tax annual return of 8.40%. Even if early redemption does not occur, if none of the underlying assets fall below 60% of the initial reference price during the investment period, it will be redeemed at maturity with a pre-tax return of 25.20% (8.40% annually).
ELS No. 5035 is a non-principal-guaranteed product with a 3-year maturity and a 3-month early redemption cycle. It is based on the KOSPI200 index, S&P500 index, and EuroStoxx50 index. If all underlying assets are at or above 85% (3 and 6 months), 80% (9 months), 75% (12, 15, 18, 21, 24, 27, 30, and 33 months), and 70% (36 months) of the initial reference price, it will be redeemed early or at maturity with a pre-tax annual return of 8.00%. Even if early redemption does not occur, if none of the underlying assets fall below 50% of the initial reference price during the investment period, it will be redeemed at maturity with a pre-tax return of 24.00% (8.00% annually).
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
These products are available for subscription at Yuanta Securities’ nationwide branches, website, HTS, and MTS. ELS No. 5033 can be subscribed from a minimum of 100,000 KRW in increments of 100,000 KRW; ELS No. 5034 from a minimum of 1,000,000 KRW in increments of 100,000 KRW. ELS No. 5035 is an online-only product available for subscription via the website, HTS, and MTS from a minimum of 1,000,000 KRW in increments of 100,000 KRW. For all these products, the maximum loss rate is 100% if conditions are not met.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.