Launch of 7 Types of Derivative-Linked Securities Based on Domestic and International Indices and Stock Underlyings
Total of 35 Billion KRW, Public Offering Until the 27th
Yuanta Securities announced on the 20th that it will publicly offer seven types of derivative-linked securities, including early redemption equity-linked securities (ELS), totaling 35 billion KRW until the 27th.
ELS No. 5382 is a principal non-guaranteed product with a maturity of 3 years and an early redemption cycle of 6 months. It is based on the KOSPI 200 index and Samsung Electronics common stock. If all underlying assets are at or above 85% (6 months, 12 months), 80% (18 months, 24 months), and 75% (30 months, 36 months) of the initial reference price, it will be redeemed early or at maturity with a pre-tax annual return of 8.30%. Even if early redemption does not occur, if none of the underlying assets fall below 60% of the initial reference price during the investment period, it will be redeemed at maturity with a pre-tax return of 24.90% (8.30% per annum). However, if the conditions are not met, the maximum loss rate is -100%.
ELS No. 5384 is a principal non-guaranteed product with a maturity of 3 years and an early redemption cycle of 6 months. It is based on the KOSPI 200 index and KB Financial common stock. If all underlying assets are at or above 85% (6 months), 80% (12 months, 18 months), 75% (24 months, 30 months), and 70% (36 months) of the initial reference price, it will be redeemed early or at maturity with a pre-tax annual return of 9.50%. Even if early redemption does not occur, if none of the underlying assets fall below 45% of the initial reference price during the investment period, it will be redeemed at maturity with a pre-tax return of 28.50% (9.50% per annum).
ELS No. 5385 is a principal non-guaranteed product with a maturity of 3 years and an early redemption cycle of 6 months. It is based on Samsung Electronics common stock and Tesla, listed on the U.S. stock market. If all underlying assets are at or above 70% (6 months, 12 months, 18 months, 24 months), 65% (30 months), and 60% (36 months) of the initial reference price, it will be redeemed early or at maturity with a pre-tax annual return of 12.00%. Even if early redemption does not occur, if none of the underlying assets fall below 30% of the initial reference price during the investment period, it will be redeemed at maturity with a pre-tax return of 36.00% (12.00% per annum).
ELS No. 5386 is a principal non-guaranteed product with a maturity of 3 years and an early redemption cycle of 6 months. It is based on the S&P 500 index and Tesla, listed on the U.S. stock market. If all underlying assets are at or above 80% (6 months, 12 months), 75% (18 months, 24 months), 70% (30 months), and 60% (36 months) of the initial reference price, it will be redeemed early or at maturity with a pre-tax annual return of 10.70%. Even if early redemption does not occur, if none of the underlying assets fall below 25% of the initial reference price during the investment period, it will be redeemed at maturity with a pre-tax return of 32.10% (10.70% per annum).
In addition, ELS No. 5383, based on the KOSPI 200 index and Samsung Electronics common stock; ELS No. 5387, based on the S&P 500 index and Tesla; and ELS No. 5388, based solely on Tesla, will also be publicly offered.
ELS Nos. 5382 to 5388 can be subscribed in units of 100,000 KRW minimum and 10,000 KRW increments at Yuanta Securities branches nationwide, as well as through their website, HTS, and MTS.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
