AXA Express 6 – in subscription

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AXA Express 6 – in subscription

Opportunity for yield between 108% and 140% with a maximum term of 5 years

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The AXA Express 6 certificate combines the opportunity to generate an attractive yield with the possibility for an early redemption. The share of AXA S.A. serves as underlying for the investment product without capital protection. The Express Certificate offers an attractive profit opportunity for those investors who expect the AXA share to quote at or above its current level within the forthcoming five years.

Term:

The certificate has a minimum term of 1 year and a maximum term of 5 years. If the closing price of the AXA share quotes at or above its redemption level (equal to the share’s closing price at the initial valuation date) at one of the annual valuation dates, (early) redemption is effected according to the predefined redemption price.

Yield opportunity:

If the share quotes below the starting value at the annual valuation date, the term extends by another year (up to a maximum term of five years). At the same time, the potential annual termination price rises by 8% of the nominal value annually (up to a maximum of 140%).

Safety mechanism:

If the certificate is not redeemed in the first four years and provided that the underlying quotes below the termination level at the fifth and final valuation date, an additional safety mechanism applies: in case the closing price of the AXA share quotes above the barrier of 60% at the final valuation date, redemption is effected at 100% of the nominal value. This means investors do not generate profit and the nominal value of EUR 1,000 is redeemed.

If the barrier is touched or undercut at the final valuation date physical delivery applies. Then the investor gets the AXA shares in the amount predefined at the issue date (nominal value/strike). The difference to the integral number is paid out. In this case, the lower share price of the delivered shares may result in the loss of a major part of the capital.

Further information as well as the Key Information Document please find on the product page.

Express Certificates – explained shortly:

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For any additional information you may require do not hesitate to contact us on +43171707 5454.

The Raiffeisen Certificates Team

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Key facts:
  • Name: AXA Express 6
  • ISIN: AT0000A32273
  • Initial valuation date: Jan 19, 2023
  • Term: min. 1 year, max. 3 years
  • Listing: Vienna, Stuttgart
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Disclaimer
This is advertising. This non-binding information does not constitute advice, recommendation or invitation to conclude a transaction. The presentation is of a generic nature, does not take into account the personal circumstances of potential investors and therefore cannot replace individual investor and investment-oriented advice and risk disclosure. This advertisement has not been prepared in compliance with the legal provisions promoting the independence of investment research and is not subject to the ban on trading following the dissemination of investment research. A base prospectus (including any supplements) that complies with the Austrian Capital Market Act and has been approved by the competent authorities (CSSF, FMA) is available on the website of Raiffeisen Bank International AG (raiffeisencertificates.com/en/securities-prospectus/). The approval of the base prospectus by the competent authorities is not to be understood as an endorsement by the competent authorities of the financial instruments described herein. We recommend reading the prospectus before making an investment decision. Important additional information on the products described (in particular their opportunities and risks) can be found on the website of Raiffeisen Bank International AG at raiffeisencertificates.com/en/; in particular, the approved base prospectus (including any supplements) can be found at (raiffeisencertificates.com/en/securities-prospectus/) and under "Customer Information and Regulatory Issues" at raiffeisencertificates.com/en/customer-information/. Regulatory authorities: Austrian Financial Market Authority (FMA), European Central Bank (ECB). Imprint according to Austrian media law: Media owner and producer is Raiffeisen Bank International AG, Am Stadtpark 9, 1030 Vienna/Austria.