The Ethics Winner 95% Capital Protection Certificate is based on the iSTOXX® Global Ethical Select 30 index, developed jointly by Raiffeisen Centrobank in cooperation with the renowned index provider STOXX Ltd. to be able to invest according to the ethical values of Christian social teaching. The certificate addresses security-oriented investors who consider ethical, ecological and social care important criteria in their investment decisions.
At the initial valuation date the starting value of the iSTOXX® Global Ethical Select 30 index (closing price on Feb 13, 2020) and the cap (150% of the starting value) are determined. At the end of the 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 150%
1:1 participation in the index performance, e.g.: index +30% → redemption: EUR 1,300
... but ABOVE the cap of 150%
Redemption at the maximum amount, e.g.: index +60% → redemption: EUR 1,500
- SCENARIO 2 – negative index performance
b) ... but ABOVE 95% of the starting value
Redemption at the maximum amount, e.g.: index -3% → redemption: EUR 970
a) ... and BELOW 95% of the starting value
100% participation in the index performance, e.g.: index -40% → redemption: EUR 950
The issue price amounts to 100% (nominal value EUR 1,000) within the subscription period. Further information as well as the Key Information Document please find on Product Page.
Details on the iSTOXX® Global Ethical Select 30 index as well as the current list of index members can be found on the website of the index provider STOXX Ltd.
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