Friday, March 17, 2017

Shinyoung Securities, 50% of principal loss conditions such as setting ELS launch



Sell ​​[Korea financial newspaper goyounghun News] Shinyoung Securities until noon 17 days, including the exponential ELS one set of principal loss conditions by 50% to 'Plan-up Exponential ELS' 2 species and other derivative-linked bonds (DLB) .

"Plan-up once the 6280 securitized derivatives (non-proof of principal) is the 3-year step-down type ELS EuroStoxx50 to the HSI index and index as an underlying asset. The closing of both the underlying assets to an early redemption rating of 95% (6 months) in the first base price coming back every six months, 92% (12 months), 90% (18 months), 85% (24 months), 82% If more than (30 months) and 5.5% of annual payments (pre-tax).

However, even a one day assessment due to the underlying asset if you have dropped to less than 50% of the initial reference price could result in the loss.

"Plan up the 49th four other derivatives" is a 3-year commodity indices and EuroStoxx50 the London gold price Notice (GOLDLNPM) as an underlying asset. The London gold price is announced as the prevailing spot gold price announced at 3:00 pm on the day of the London precious metals market, gold market Association (LBMA), the world's largest gold as an international reference price.

Two basic asset price valuation and revenues of early repayment maturities greater than 3% a year if 103% of the reference price on the first valuation (before tax) will be paid. However, the maturity assessment price is paid only if the underlying asset, even one less than the base price of 103% of the initial principal.

The monthly payment formula is also sold together ELS. "Plan-up once the 6281 securitized derivatives (non-proof of principal) is NIKKEI225 Index and the S & P500 index, a year and a half due to the product EuroStoxx50 index as an underlying asset. Unlike traditional monthly payment type ELS, and payments of income every month, regardless of the payment terms Month 0.285% (3.34% a year before tax).

If the closing price of the assets based on the three days come back evaluation every six months, 95% of the initial reference price (six months), more than 90% (12 months) the early repayment of principal investment is paid. If, however, due to some reviews the underlying asset, even less than 60% of the initial reference price could result in the loss.

Sign up and is available to ₩ 100,000 units of at least 100 million yuan, more consultation is when all branches or call the Customer Support Center Shinyoung Securities. Securitized derivatives may result in loss of principal in accordance with the operating results or moderate buyback.



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