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Samsung Securities Lists 3 Products Including Japan Nikkei 225 Futures ETN

Leverage and Inverse Investment Available

Samsung Securities Lists 3 Products Including Japan Nikkei 225 Futures ETN

Samsung Securities announced on the 12th that it listed three Exchange Traded Note (ETN) products tracking the Japan Nikkei 225 Futures Index at +1x, +2x, and minus (-) 2x leverage on the 10th.


The 'Samsung Japan Nikkei 225 Futures ETN(H)' is a product that tracks the daily returns of the Nikkei 225 futures at +1x leverage without tracking error, with currency hedging against yen fluctuations. The other products, 'Samsung Leverage Japan Nikkei 225 Futures ETN(H)' and 'Samsung Inverse 2X Japan Nikkei 225 Futures ETN(H),' track +2x and -2x leverage, respectively.


Currently, there are no ETFs in South Korea that allow investment in the Japan Nikkei 225 Futures Index at +2x or -2x leverage.


The expense ratio for Samsung Japan Nikkei 225 Futures ETN(H) is 0.1% per annum, while the leverage and inverse 2X ETNs have an expense ratio of 0.3% per annum. These ETNs have relatively lower management fees compared to other ETNs with similar tracking multiples based on the Japan Nikkei 225 Futures Index.


A Samsung Securities representative said, "We have launched ETN products that allow investment in the Nikkei 225 futures index, a representative index of Japan," adding, "These products are a good alternative for investors who wish to invest indirectly at a low cost."


To invest in leverage ETPs, investors must deposit a basic margin according to conditions, complete pre-education on leverage ETPs at the Korea Financial Investment Association, and register the completion of pre-education with the brokerage firm. ETNs are products with very high risk ratings, so investors should confirm their investment preferences before investing and be aware of the risk of principal loss.


For more details, please refer to the Samsung Securities website or the mobile app 'mPOP,' or contact the Family Center.


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


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