Factor Certificate Short SAP SE

BidEUR 0.660
Apr 29, 2024 14:28:59.830 UTC
AskEUR 0.670
Apr 29, 2024 14:28:59.830 UTC
chg. 1D+0.050 (+8.13%)
Apr 29, 2024 14:28:59.830 UTC
Underlying price (indicative) 172.02 (-1.17%)
Apr 29, 2024 14:29:00.000 UTC
Protection LevelEUR 196.62 Leverage factor-6.00

Name
Factor Certificate SAP SE
ISIN / WKN
AT0000A35X37 / RC1AND
Underlying
Underlying price (indicative)
EUR 172.02 (-1.17%)
Apr 29, 2024 14:29:00.000
Leverage factor
-6.00
Threshold
13.00%
Factor Level
EUR 203.02
Protection Level
EUR 196.62
Tradeable unit/nominal value
1 unit
Multiplier
0.02135
Product currency
EUR
Listing
Vienna, Stuttgart
About the term

Initial valuation date
Jun 16, 2023
Issue date
Jun 19, 2023
Final valuation date
-
Maturity date
open-end

Product classification
Leverage Product without Knock-Out
Security type (Eusipa No.)
Factor Certificate (2300)
Factor Certificate Type
Factor Certificate Short
Underlying
Country / region of underlying
Germany
Suited market expectation
bearish
Issue price
10.00 EUR
Spread homogenised
0.47
Spread (in %)
1.52%
Underlying currency
EUR
Settlement method
Cash settlement
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Description

Factor Certificates enable investors to participate with a leverage effect in the performance of the underlying. The certificates have a constant leverage factor, no knock-out and are open-ended. Short Factor Certificates provide investors with above average profit opportunities in falling markets.

Please note: The leverage effect of a Factor Certificate means that fluctuations in the value of the underlying have a disproportionate impact on the value of the Factor Certificate. Even small price fluctuations against the investor's market opinion can lead to the loss of a substantial part of the capital invested, up to a total loss. If the underlying of the certificate is a future (e.g. in the case of commodities), the issue of rolling must be taken into account. Investors are also exposed to the exchange rate risk if the currency of the underlying does not equal the currency of the Factor Certificate.

Factor Certificates are not suitable for long-term investment.

For further information on this product category, please refer to our brochure on Factor Certificates.

TRADING HOURS

Products on Austrian underlyings

9:15 - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

- Turkey, Czech Republic9:00 - 4:00 pm

- Poland, Hungary, Romania, CEE and Eastern Europe

9:15 - 4:50 pm

Products on other international underlyings and commodities
(incl. Germany and Switzerland)

9:00 - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm

T: +431717075454
E: info(at)raiffeisencertificates.com