Kiwoom Securities Files for Issuance of Two ETNs Worth KRW 40 Billion
Kiwoom Securities filed a supplementary shelf registration on May 11, 2026 for 'Kiwoom Leverage Bio TOP10 ETN 15th' and 'Kiwoom Inverse 2X Power TOP5 ETN 27th'.
Each ETN has a total issuance amount of KRW 20 billion, issue price of KRW 20,000 per note, total of 1 million notes, and expected listing date of May 13, 2026.
Underlying indices: 15th tracks KEDI Bio TOP10 Leverage (x2) Total Return Index; 27th tracks iSelect Power TOP5 TR Inverse-2X Index.
Total annual expense ratio for each ETN is 0.95% (management fee 0.39% and 0.22% respectively, plus other costs).
These securities are principal non-guaranteed and not protected under the Depositor Protection Act.
Kiwoom Securities credit rating is AA (by NICE and KIS, March 2026).
Out of the total KRW 1 trillion shelf registration, KRW 287 billion has been used, with KRW 713 billion remaining.