Eugene Investment & Securities Launches Two Early Redemption Step-Down ELS Products

Yujin Investment & Securities will offer two types of early redemption step-down equity-linked securities (ELS) from the 22nd to the 30th.

The "475th ELS" is a 3-year maturity principal non-guaranteed product based on the S&P 500 index and Tesla (TESLA). According to the step-down structure, early redemption and maturity redemption opportunities are provided every 6 months. On early redemption evaluation dates, if the closing prices of all underlying assets are at least 85% (6, 12 months), 80% (18 months), 75% (24 months), and 70% (30 months) of the initial reference price, early redemption will occur. If the closing price is at least 65% (36 months) on the maturity evaluation date, the maturity redemption condition is met, allowing for a pre-tax annual return of 13.5%.

The "476th ELS," based on Tesla (TESLA) and NVIDIA, is a 1-year maturity principal non-guaranteed product, with early redemption and maturity redemption opportunities every 3 months. On early redemption evaluation dates, if the closing prices of all underlying assets are at least 85% (3 months), 80% (6 months), and 70% (9 months) of the initial reference price, early redemption will occur. If the closing price is at least 65% (12 months) on the maturity evaluation date, maturity redemption will be executed, yielding a pre-tax annual return of 25%.

Both types of early redemption step-down ELS being offered adopt a knock-in structure. Even if the closing price of the underlying assets on the maturity evaluation date is below 65% of the initial reference price, maturity redemption will occur if none of the underlying assets have fallen below 30% for the 475th ELS or 45% for the 476th ELS from the initial reference price until the maturity evaluation date. Principal and interest can be received. If these conditions are not met, principal loss may occur.

Since these two products are online-exclusive, subscriptions are available through the Yujin Investment & Securities website, MTS, and HTS until the 30th. The minimum subscription amount is 1,000,000 KRW or more (in increments of 100,000 KRW). For more details, please refer to the Yujin Investment & Securities website or contact the customer satisfaction center.

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