Wednesday, April 26, 2017

Yuanta Securities, Taiwan Shares Index Assets, 3 kinds of ELS



[Korea Financial Newspaper, Hye Rin Reporter] Three types of derivative securities with various underlying assets and profitable conditions, such as Taiwan Index (TWSE) and Early End ELS using Eurostoxx50 as an underlying asset, The total amount is 9 billion won.

ELS 3731 is based on the Taiwan Securities Exchange Index (TWSE) and the Eurostoxx50 Index as non-guarantees of 3-year maturity and 6-month maturity early-term structure. If they are above 90% (6, 12 months), 85% (18, 24 months), 80% (30 months) and 65% (36 months) of the initial reference price, they will be repaid early or at maturity with an annual return of 3.50%. Even if not repaid in the second instance, if one of all the underlying assets has not fallen below 65% for one year, it will be repaid at an annual rate of 5.25% at the end of the first year.

The Taiwanese stock market, in which the TWSE is traded, is an emerging market with Korea. The stock market has developed significantly compared to the economic scale. In addition, the economic trends and structures of Korea and Taiwan are quite similar, and the TWSE has a very high correlation with the KOSPI. Based on this, the stock price volatility and the possibility of repayment of profits can be measured.

ELS 3729 is based on the KOSPI 200 index as a non-guaranteed guarantee with a maturity of three years and an early repayment cycle of six months. If the initial standard price is 95% (6, 12, 18 months) or 90% (24, 30, 36 months) or more, the rate will be 4.00% per annum or early repayment. Even if the early repayment does not occur, if the underlying asset has not fallen below 60% of the initial base price during the investment period, it will be repaid at a rate of 12.00% (4.00% per annum).

ELS 3730 is based on the HSI index and the Eurostoxx50 index as non-guarantees with a maturity of three years and an early repayment cycle of six months. If the initial price exceeds 90% (6, 12 months), 85% (18, 24 months) or 80% (30, 36 months), the rate will be 5.00% per annum or early repayment. Even if the early repayment does not occur, if any of the underlying assets during the investment period has not fallen below 50% of the initial base price, the repayment will be made at a rate of 15.00% (5.00% per annum).

The minimum subscription amount is 100,000 won (unit: 100,000 won), which can be subscribed from the websites of Yuanta Securities and the website of Yuanta Securities.





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