Kiwoom Securities Files for Issuance of 3 ETNs Total KRW 300 Billion
Kiwoom Securities filed a supplementary shelf registration statement on May 6, 2026, to issue three types of Exchange Traded Notes (ETNs) totaling KRW 300 billion.
Issued ETNs: 'Kiwoom Securities Kiwoom Leverage Secondary Battery Industry ETN Series 11', 'Kiwoom Securities Kiwoom Leverage Bio TOP10 ETN Series 15', 'Kiwoom Securities Kiwoom Inverse 2X Power TOP5 ETN Series 27'.
Each ETN has a total issuance amount of KRW 10 billion, issue price of KRW 20,000 per note, and 500,000 notes issued.
These ETNs are principal-unsafe and not protected by the Depositor Protection Act.
Issuer Kiwoom Securities' credit rating is AA (by NICE Ratings and Korea Ratings, as of March 2026).
Purpose: Proceeds will be used for hedging transactions such as underlying asset trading and derivatives trading.
Underlying indices: FnGuide Secondary Battery Industry Leverage Index (Total Return), KEDI Bio TOP10 Leverage (x2) Index (Total Return), iSelect Power TOP5 TR Inverse-2X Index.
Total fees: Leverage Battery ETN 0.40%, Leverage Bio ETN 0.95%, Inverse 2X Power ETN 0.95%.
Maturities: August 2027, November 2027, February 2029 respectively.
Key investment risks: principal loss, premium/discount, liquidity, early liquidation (if indicative value drops 80%), issuer credit risk, etc.