Shinhan Investment Corp. Launches Subscription for 5 Types of Doodream Public ELS

Shinhan Investment Corp. announced on the 8th that it will raise 10 billion KRW each for Dodream Public Offering ELS (Equity-Linked Securities) No. 24161 and four other types.

Dodream ELS features a structure that increases the participation rate in price increases to 200% compared to the existing early redemption shooting-up products. Shinhan Investment Corp. named the product through an internal public offering to enhance customer understanding of the new structure and make it more approachable.

Public Offering ELS No. 24161 is based on Tesla as the underlying asset and has a maturity of one year. If the underlying asset price is at least 85% of the initial reference price at the 3-month mark, it will be automatically early redeemed at an annual rate of 24%. If early redemption does not occur and the product matures, if the underlying asset price at maturity evaluation is higher than the initial reference price, the return will be twice the increase rate of the underlying asset (participation rate 200%). If it falls, the loss will be compensated according to the decline rate (participation rate 100%).

Public Offering ELS No. 24162 is based on Netflix, No. 24163 on AMD, and No. 24164 on Nvidia as underlying assets. They have the same maturity profit and loss structure as Public Offering ELS No. 24161, with automatic early redemption yields of 12%, 14%, and 16% per annum, respectively. Public Offering ELS No. 24165 is based on Meta as the underlying asset and has the same maturity profit and loss structure as Public Offering ELS No. 24161, with an automatic early redemption yield of 12% per annum. The minimum subscription amount is 1 million KRW.

Since the returns of this product are linked to the price of the underlying assets, if the underlying assets do not meet the price conditions, the agreed returns may not be received, or principal loss (0% to -100%) may occur. All stated returns are pre-tax yields.

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