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With this investment product without capital protection, investors participate at 100% and unlimited in the positive performance of the underlying index at the end of the term. The certificate has a term of five years.
FUNCTIONALITY
At the initial valuation date the starting value (closing price of the Solactive® Hydrogen EUR Index 3.5% AR at the initial valuation date) is fixed and from that the barrier (50% of the starting value) is determined. During the observation period the underlying price is compared to the barrier. On the final valuation date one of the following scenarios will apply:
- SCENARIO 1: Barrier not touched or undercut
a) If the underlying price always quoted above the barrier and the final value (closing price of the Solactive® Hydrogen EUR Index 3.5% AR at the final valuation date) is at or above the bonus level, redemption is affected on the maturity date according to the underlying performance (percentage performance from the starting value to the final value).
b) If the underlying price always quoted above the barrier and the final value is below the bonus level, the bonus amount (132%) is paid out on the maturity date.
- SCENARIO 2: Barrier touched or undercut at least once
If the underlying price quoted at or below the barrier at least once, redemption is affected on the maturity date according to the underlying performance (percentage performance from the starting value to the final value).
Further information as well as the Key Information Document can be found on the product detail page.
For any additional information you may require do not hesitate to contact us on +43 1 71707 5454.
The Raiffeisen Certificates Team
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