Korea Investment & Securities, Safe Zone Step-Down Type ELS and ELB

Korea Investment & Securities, a subsidiary of Korea Financial Group, announced on the 12th that it will launch 21 types of Equity-Linked Securities (ELS) and Equity-Linked Bonds (ELB).

'TRUE ELS Series 16414' is a Safezone Step-Down product based on the Standard & Poor's (S&P 500), Hong Kong Hang Seng China Enterprises Index (HSCEI), and EUROSTOXX 50. The maturity is 3 years, and if the underlying assets are at or above 92% (6 months), 90% (12 months), 85% (18 months), 80% (24 and 30 months), and 75% (maturity) of the initial reference price, it pays an annual return of 7.2% and is redeemed early.

Even if the early redemption conditions are not met, if none of the underlying assets fall below 48% of the initial reference price during the investment period, the agreed return is paid at maturity. Due to the Safezone Step-Down feature, even if the underlying assets have fallen below the loss threshold at some point, principal is paid if the evaluation price at maturity is 48% or higher. If the price falls outside the reference range, losses of 52% to 100% of the principal may occur.

'TRUE ELB Series 1918' is a 1-year maturity knock-out participation rate product based on the Standard & Poor's (S&P 500). It is structured to expect profits when the S&P 500 index declines. Investors who invest in rising indices can also use it as a loss defense tool.

If the underlying asset's maturity evaluation price is between 85% and less than 100% of the initial reference price, a return is paid. If the price has never fallen below 85% during the investment period, a 100% participation rate is applied to the decline rate, paying up to 15% profit. If the price has fallen below 85% of the initial reference price at any time, a rebate profit of 7.8% is guaranteed. However, if the maturity evaluation price is 100% or more of the initial reference price, only the principal is repaid and the product is liquidated.

The subscription period for general individual investors is until the 13th. According to the investor cooling-off system, there will be a cooling-off period from the 14th to the 15th, and investors can confirm their subscription intention from the 18th to 19th until 10 a.m.

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