South Korea Market Review, May 2022: ELS still the market’s ‘bread and butter’

Sales volumes, at KRW3.86 trillion (US$2.94 billion), fell 33% compared to the previous month. Some 122 products were withdrawn early during the month as they did not manage to accumulate enough sales. Two of these were hedged by UBS and another one had Morgan Stanley & Co. International acting as a derivatives manufacturer. In May, 2,211 products matured, releasing KRW10.69 trillion back onto the market for reinvestment. The best-performing product was Kiwoom New Global 100tr Club ELS 3