Korea Investment & Securities Launches 7 Online-Only TRUE ON ELS Products
ELB Customer Event Also Held
Korea Investment & Securities announced on the 21st that it will launch seven types of Equity-Linked Securities (ELS) products.
TRUE ON ELS 51 is an online-only step-down type product based on LG Chem and POSCO Holdings as underlying assets. It has a 3-year maturity with early redemption evaluations every 6 months. If the underlying assets are at or above 90% (6 months), 85% (12 months), 80% (18 months), 75% (24 months), 70% (30 months), and 65% (maturity) of the initial reference price, an annual return of 18.5% is paid and the product is redeemed.
TRUE ON ELS 53 is an online-only step-down type product based on Tesla and NVIDIA as underlying assets, with a 3-year maturity and early redemption evaluations every 4 months. If the underlying assets are at or above 85% (4, 8 months), 80% (12 months), 75% (16, 20, 24 months), 70% (28 months), 65% (32 months), and 50% (maturity) of the initial reference price, an annual return of 20.01% is paid and the product is redeemed.
For both products, even if the early redemption conditions are not met, if none of the underlying assets fall below 45% and 35% of the initial reference price during the investment period respectively, the agreed returns will be paid at maturity. However, if the decline exceeds these levels, losses ranging from 35% to 100% and 50% to 100% of the principal may occur respectively.
The subscription period for general individual investors is from October 21 to 25. According to the investor cooling-off system, there will be a cooling-off period from the 28th to the 29th, and investors can confirm their subscription intentions from the 30th until 10 a.m. on the 31st.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051914165468840_1779167814.png)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Controversy Over Mysterious Numbers at Starbucks: From Sewol Ferry and Park Geun-hye to May 18
- Chairman Gu Jayeol: "Korea and Japan Need Cooperation in Power, Minerals, and AI... Let's Create a Second JAKO Project"
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
Meanwhile, to commemorate the launch of the 'TRUE ON T ELB' product, Korea Investment & Securities will hold an event from the 21st of this month to November 17. By adding the 'TRUE ELS Korea Investment & Securities' KakaoTalk channel and participating in the mini-game on the event page, participants will be entered into a draw to win generous prizes such as an iPad, LG Electronics portable TV StanbyMe, and chicken exchange vouchers.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
