Tuesday, April 25, 2017

Kiwoom, 11.6% of pre-tax annual pursuing Facebook & Apple released ELS



The complicity of [Korea Seo Hye Rin nine financial newspaper reporter] Kiwoom Overseas Company type ELS (equity-linked securities) to seek a return of 11.6% a year before tax.

The underlying assets of the '78th Global 100 trillion club ELS' this release are two categories Facebook and Apple. Seeking yield annual pretax 11.6% and maturity is 3 years. Every six months from the date of issue of early repayment opportunities given becomes both the underlying assets in the early repayment evaluate all be 90% of the initial reference price (6 months, 12 months, 18 months), 85% (24 months, 30 months, 36 months) If there is more than up to 34.8% (annual rate of return of 11.6% before tax) is repaid by revenue. Stigma barrier is 60%.

Kiwoom official said that "investors recently determined that the proposed rate of return on index-type ELS does not reach the expectations that are seeking higher returns abroad Company type ELS".

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