KB Securities Simultaneously Lists Four COMEX Silver Futures ETNs

KB Securities announced on March 5 that it will newly list four Exchange-Traded Notes (ETNs) based on COMEX (Commodity Exchange, US) silver futures prices on March 6. The products to be listed are "KB Silver Futures ETN," "KB Leverage Silver Futures ETN," "KB Inverse Silver Futures ETN," and "KB Inverse 2X Silver Futures ETN."

The newly introduced "KB Silver Futures ETN series" by KB Securities are designed to track the daily returns of international silver futures prices. With products offering +1x, -1x, +2x, and -2x strategies, investors can choose from various investment approaches according to market conditions.

These products are based on the performance of silver futures listed on COMEX. All four products are currency-exposed, meaning returns may be affected by fluctuations in the KRW-USD exchange rate.

As for maturity, "KB Silver Futures ETN," "KB Leverage Silver Futures ETN," and "KB Inverse Silver Futures ETN" have five-year maturities and can be traded until February 24, 2031. The "KB Inverse 2X Silver Futures ETN" has a three-year maturity and can be traded until February 21, 2029.

The annual management fee varies by product structure: "KB Silver Futures ETN" and "KB Inverse Silver Futures ETN" have an annual fee of 0.60%, while "KB Leverage Silver Futures ETN" and "KB Inverse 2X Silver Futures ETN" have an annual fee of 0.80%.

Byungku Kim, Head of Passive Sales at KB Securities, stated, "Silver is an asset with dual investment appeal, being both a safe-haven asset and an industrial metal. We will continue to expand related products so that investors can more conveniently access the global commodities market and respond to diverse market environments."

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