NH Investment & Securities, limit losses ETN 4 newly listed stocks

[Korea goyounghun financial newspaper reporter] NH Investment & Securities The loss limit exchange-traded securities (ETN) announced on the 27th that the four newly listed species.

The loss limit ETN is issued to 10,000 won, which is the product of an issuer if the credit event does not occur the minimum payments from 9000 to 9800 won, up 11,000 won on the maturity date. All four events are due 12 April 2018, based on the KOSPI 200 index is used. Income criteria for each product is different.

"QV K200 C-Sp1804-01 (item code 550 034)" and "P-QV K200 Sp1804-01 (550035)" is "call spread", "foot spread paying the lowest 9800 1000 won up to 10,000 won in each due date "profit is the structure of the product. Call spread when the KOSPI 200 rises higher the yield, the higher the yield spread is put If the KOSPI 200 fell. Each of -2% to + 10%, -10% to + 2% in the 100% region has a revenue participation.

If you expect a rise in the KOSPI 200 Call Spread, you are expected to fall Investing in the foot spreads. If the issuer of a credit event does not occur, because everywhere one 9,800 won is paid at maturity if the loss of control, and can be traded.

Investors will be watching the market move sideways can select the 'QV K200 Butterfly 1804-01 (550036)' and 'QV K200 Condor 1804-01 (550037)'. These so-called 'Butterfly' option yangmaedo investment strategy called 'vulture' and shall be paid up to 11,000 won from 9,000 won to the minimum due. Butterfly is the underlying asset at maturity is closer to the base price to pay higher prices, Condor will pay a high price when the -5% to + 5% of the base price.

NH Investment & Securities side of the most important features of the tax loss limit ETN had said.

NH Investment & Securities Yun Jaecheol equity derivatives operations manager, "so calculated loss limit ETN's revenues due to price fluctuations as taxable in the tax on the edge ELS compared to the same structure" and "done calculated by the virtual goods, along with KSD, NICE P & I in some cases, this may result in revenue ETN had a product that does pay taxes at all, "he said.

Experts recommend that the loss limits as existing ELS ETN should be made good use of the fact that commodity trading until expiration. For example, the mayor received a short-term adjustments can be added to bribe the call spreads ETN when you think the additional restrictive than the decline in the discount immediately after publication. This time limit ETN loss of NH Investment & Securities issued can manage risk by buying near the lowest since the payment at maturity in 9800 won Best (Butterfly, Condor 9,000 won).

The chagihyeon NH Investment & Securities IC CIO is "NH Investment & Securities Domestic Most ETN issuers and ELS as a leading brokerage Meanwhile limit losses in the accumulated product management expertise ETN will be leading the development of the market the next variety of structures and in the demand of investors, the underlying asset It said it will respond. "



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