By adding commodities to their portfolios, investors are able to diversify risks more widely and it enables them to position themselves more broadly in the markets. The barrier, being set at 70% of the underlyings’ starting value, provides for a partial safety buffer.
Payout Profile:
With the Gold/Oil Bonus 3 Certificate investors obtain the bonus amount of EUR 1,185 per nominal value at the end of the term (Oct 2017, equals 5.81% p.a.), provided that, during the three-year observation period, neither the Brent Crude Oil price nor the gold price touched or undercut the barrier of 70%.
In case the barrier of the Bonus Certificate is violated by either gold or oil, the bonus mechanism is suspended. Therefore, redemption at the maturity date is effected according to the underlying which performs “worst of“. Even if the barrier is touched or undercut, investors do not participate in price increases of the underlyings beyond the cap.
Key Facts:
- ISIN: AT0000A19LU0
- Initial valuation date: Oct 13 , 2014
- Term: 3 years (maturity date: Oct 16, 2017)
- 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: Gold/Oil Bonus 3
For more details kindly see the product folder.
This product, the risks and 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
