Kiwoom Securities Issues New ETNs: Leverage Bio TOP10 and Inverse 2X Power TOP5 (Total KRW 40 Billion)

Kiwoom Securities issued two new ETNs: Kiwoom Leverage Bio TOP10 ETN (15th) and Kiwoom Inverse 2X Power TOP5 ETN (27th), each worth KRW 20 billion.
Total issuance amount is KRW 40 billion, with issuance costs of KRW 6,690,000 per ETN.
Annual total expense ratio for each ETN is 0.95% (Leverage: management fee 0.39%, license 0.04%, admin 0.02%, other 0.50%; Inverse 2X: management fee 0.22%, license 0.04%, admin 0.02%, other 0.67%).
Proceeds will be used for underlying asset trading, hedging, and investment in financial products.
The ETNs are allocated to liquidity providers; the issuer holds all units for future market liquidity provision.

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