NH Investment & Securities Launches 'Twin-Win ELS' Targeting 13.8% Annual Return

Sales up to 10 billion KRW until 1 PM on the 12th... Minimum subscription amount 1 million KRW

[Asia Economy Reporter Kum Boryeong] NH Investment & Securities has launched the 'Twin-Win Equity-Linked Securities (ELS)' targeting an annual return of 13.80%.

NH Investment & Securities announced on the 11th that it will sell the new product 'Overseas Stock Type Twin-Win ELS' with a limit of 10 billion KRW until 1 PM on the 12th.

The Twin-Win ELS combines the existing general step-down early redemption structure with a maturity structure linked to the performance of the underlying assets. The key point of the Twin-Win structure is the maturity bidirectional option. If the early redemption conditions are met, a predetermined fixed return is paid and the investment ends. However, if early redemption does not occur, the return is determined according to the performance of the underlying assets, and if the assets have not fallen more than 50% during the investment period, profits are generated even if the underlying assets decline, according to the bidirectional option.

The Twin-Win ELS No. 19184 being sold this time uses Apple, Facebook, and Netflix as underlying assets. The maturity is 2 years, and the early redemption evaluation period is every 4 months. On early redemption evaluation dates, if the price is 90% or more of the initial reference price (at 6, 12, and 18 months) or 85% or more (at 24 and 30 months), an annual return of 13.80% (before tax) is paid and early redemption occurs.

If redeemed at maturity (24 months), and all underlying asset prices are 100% or more of the initial reference price, the return is paid according to the performance of the underlying assets. Even if the underlying assets are below 100% of the initial reference price, if they have not fallen more than 50% during the 2 years, profits are generated according to the decline rate of the underlying assets. However, if any underlying asset has fallen sharply by more than 50% during the investment period, the principal is also lost proportionally to the decline of the underlying assets.

Seo Hyukjun, Head of Equity Solutions at NH Investment & Securities, explained, "Recently, the global stock market has been fluctuating up and down. The Twin-Win ELS is a product that can expect quite high investment returns even at times when the market direction is unclear, making it a product worth actively considering in the current market situation."

Subscriptions are available at all NH Investment & Securities branches and on the NH Investment & Securities online website. The minimum subscription amount is 1 million KRW. Detailed information can be found on the NH Investment & Securities website or through the customer center.