Issuance of 200 Billion KRW Leverage ETNs on Samsung Electronics and SK Hynix
- Mirae Asset Securities issued two leverage single-stock ETNs (Series 115 and 116) on May 21, 2026, totaling 200 billion KRW (100 billion each)
- Underlying assets: KRX Samsung Electronics TR Leverage Index and KRX SK Hynix TR Leverage Index, targeting 2x daily returns, maturity on May 17, 2028
- Issue price: KRW 20,000 per note; 5 million notes each; listing date expected on May 27, 2026
- Liquidity provider is the issuer, Mirae Asset Securities; no public subscription for retail investors; deemed public offering method; proceeds used for hedging
- Issuer credit rating AA (by KR, NICE, KIS); annual total expense ratio 1.50%; early redemption fee 2.0%; minimum early redemption unit: 50,000 notes / KRW 1 billion
- Risk classification: Grade 1 (very high risk); principal not protected; not covered by depositor protection; suitable for short-term investment only; unsuitable for long-term holding
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KOSPI Filing Information
- Filing: Bulk Registration Additional Document (Derivative-Linked Securities - Exchange Traded Securities)
- Company: Mirae Asset Securities (006800)
- Submission: Mirae Asset Securities Co., Ltd.
- Receipt: 05-21-2026