The 0.5% Europe Dividend Stocks Winner 90% Capital Protection Certificate is based on the EURO STOXX® Select Dividend 30 index. The certificate addresses security-oriented investors who want to participate in a diversified European dividend stocks index and who wish their investment to be 90% capital protected at the end of the term.
During the term:
At the interest rate payout dates the interest payment of 0.5% is effected regardless of the index performance (equals EUR 5 per EUR 1,000 nominal value).
At the end of the term:
At the initial valuation date the starting value of the EURO STOXX® Select Dividend 30 index (closing price on Aug 30, 2019) and the cap (125% of the starting value) are determined. At the end of term the performance of the index is calculated and one of the following scenarios will occur:
- SCENARIO 1 – positive index performance
… and BELOW the cap of 125%
1:1 participation in the index performance, e.g.: index +20% → redemption: EUR 1,200
… but ABOVE the cap of 125%
redemption at the maximum amount, e.g.: index +50% → redemption: EUR 1,250
- SCENARIO 2 – negative index performance
… but ABOVE 90 % of the starting value
1:1 participation in the index performance, e.g.: index -5% → redemption: EUR 950
… and BELOW 90 % of the starting value
redemption at the capital protection amount, e.g.: index -20% → redemption: EUR 900
The issue price amounts to 100% within the subscription period. Further information as well as the Key Information Document can be found on the Product Page.
Capital Protection Certificates – simply explained:
For any additional information you may require do not hesitate to contact us on +43151520484.
The Structured Products Team of Raiffeisen Centrobank
For information on the product and its opportunities and risks - see the approved Base Prospectus (including possible amendments) published at www.rcb.at/en/securitiesprospectus. Additional information can also be found in the Key Information Document and under "Customer Information and Regulatory Issues" at www.rcb.at/en/customerinformation. The approval of the prospectus should not be construed as endorsement of this financial instrument by the authority (FMA). You are about to purchase a product that is not simple and may be difficult to understand. We recommend that you read the prospectus before making an investment decision. The investor bears the credit risk of Raiffeisen Centrobank AG (RCB) when purchasing the financial instrument. The certificate is subject to specific rules that may already be disadvantageous in case of a probable default of RCB (for example, suspension of interest payments) - see www.rcb.at/en/basag. During the term, the value of the financial instrument may fall below the capital protection amount.
Raiffeisen Centrobank is supervised by the FMA and the Oesterreichische Nationalbank and also by the European Central Bank under the Single Supervisory Mechanism (SSM, Council Regulation (EU) No. 1024/2013).