This ETN is an inverse leveraged product tracking -2 times the daily return of WTI crude oil futures, non-principal protected, with risk grade 1 (very high risk).
The underlying index is the DJCI 2X Inverse Crude Oil TR Index; due to daily compounding and rollover costs, long-term returns may deviate significantly from expectations.
The issuer (Samsung Securities, credit rating AA+) acts as the liquidity provider (LP) for market making and liquidity supply.
Subscriptions from general individuals and institutions are not allowed; the ETN will be allocated to the LP and listed on May 29, 2026.
This issuance is part of a total planned amount of KRW 30 trillion; total expenses are 0.75% per annum.
Investors may lose all principal, and a 2.0% fee applies to early redemption.
[AI Comprehensive Analysis]This ETN issuance is a routine product launch for Samsung Securities with no direct impact on existing shareholders, but it carries high risk for investors and credit risk for the issuer. Due to compounding effects, long-term holding could amplify losses; caution is advised.