The Guarantee Certificate Europe Dividend Stocks Bond is based on the EURO STOXX® Select Dividend 30 – an index representing high-dividend yielding stocks of the Eurozone. The certificate addresses to investors, who look for sound “extra returns” in the currently low interest rate environment and who wish at the same time to be capital protected.
Payout Profile:
At the initial valuation date the starting value (closing price of the EURO STOXX® Select Dividend 30) is determined.
At the final valuation date the closing price of the index is compared to the starting value and one of the subsequent scenarios will occur:
- SCENARIO 1: Index unchanged or ABOVE the starting value
a) EUROSTOXX® Select Dividend 30 +19% or more à38% yield + 100% nominal value
In case the closing price of the index at the final valuation date quotes 19% or more above the starting value, redemption at the maturity date is effected at 138%. This is equivalent to EUR 1,380 per EUR 1,000 nominal value and at the same time represents the maximum amount (maximum payout).
b) EUROSTOXX® Select Dividend 30 between ±0 and +19% à19% yield + 100% nominal value
Redemption is effected at 119%, equivalent to EUR 1,190 per EUR 1,000 nominal value.
- SCENARIO 2: Index below the starting value
If the EURO STOXX® Select Dividend 30 quotes below its starting value at the final valuation date, the capital guarantee applies and the certificate is redeemed at 100% of the nominal value at the maturity date. This is equivalent to EUR 1,000.
The Dividend Stocks Bond qualifies for investors, who expect the selected EURO STOXX® Select Dividend 30 index to post a moderate positive performance and who wish, at the same time, to be protected in case of price declines.
Key Facts:
- ISIN: AT0000A1E1B5
- Initial valuation date: May 26, 2015
- Term: 7 years (maturity date: May 27, 2022)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Vienna, Frankfurt, Stuttgart
Further information is available at the product page: EuropeDividend Stocks Bond
For more details kindly see the Product Folder (PDF).
This product, the risks as well as terms and conditions associated with it, are subject to and governed by the Base Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority, which has been deposited at Oesterreichische Kontrollbank AG and is published on www.rcb.at/SecuritiesProspectus.
For any additional information you may require do not hesitate to contact us on +43 1 515 20-484.
The Team “Structured Products” of Raiffeisen Centrobank
