Tuesday, February 28, 2017

Daewoo Mirae, Apple, Starbucks lost 20% limited ELS Competition



[Korea goyounghun financial newspaper reporter] Mirae Asset Daewoo announced that it sold the ELS (equity-linked securities) that Apple and Starbucks stocks in the portfolio from 28 days.

This time selling - as 'the 20 425 times Apple (Apple), Starbucks (Starbucks) principal amount of 80% partial payment type ELS' is the maximum loss due 1 years Product is limited to 20%, providing 1.4 times the income of the underlying asset inflation it is characterized.

If the expiration of two reviews of the underlying assets in the stocks of Apple, Starbucks disadvantage due to the valuation (12 months) is higher than the initial reference price it would be paid 140% of the underlying asset growth in revenue. That is, when the growth of Apple and Starbucks stocks in assuming that rises to 10%, it is possible to obtain a total yield of 14% at maturity.

One of the two underlying assets due to valuation losses even if even if the maximum maturity rating the price fell below the initial reference price is limited to 20%. This product is not a hassle because of the exchange of dollars into Korean won, but the offer foreign stocks listed on the NASDAQ underlying asset and maturity to receive the won.

Daewoo Mirae future plans to continue to release a variety of ELS to profitability and stability, while global companies in the portfolio.

This product is available and an offer from a minimum of 1 million won to one million won next month basis for up to three days at 1 pm 30 minutes, when contact details are treated with MAS national branches and customer service center.



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