The Certificate Europe Dividend Stocks Bond 90% is based on the EURO STOXX® Select Dividend 30 index, a European benchmark of 30 high-dividend yielding stock titles. For security-oriented investors who expect a stable performance of the EURO STOXX® Select Dividend 30 index over the next 5 years, the Europe Dividend Stocks Bond 90% represents a suitable investment opportunity. Besides the capital protection of 90%, the certificate offers the possibility to generate a yield of 22% of the nominal value at the end of the term (this equals 4.05% p.a.). The certificate has a term of 5 years.
At the initial valuation date the starting value of the EURO STOXX® Select Dividend 30 index (closing price on May 2, 2019) is determined. At the final valuation date the closing price of the index is compared to the starting value and one of the following scenarios will apply:
- SCENARIO 1: Index quotes AT/ABOVE 90% of the starting value at the end of the term
Investors obtain EUR 1,220 per nominal value if the EURO STOXX® Select Dividend 30 index quotes at or above 90% of the starting value at the end of the term. This amount represents the maximum payout.
- SCENARIO 2: Index quotes BELOW 90% of the starting value at the end of the term
If the index performance is worse than -10%, the capital protection of 90% applies at the end of the term. This means that redemption is effected at 90% of the nominal value, which equals EUR 900 per nominal value.
The 90% capital protection by Raiffeisen Centrobank only applies at maturity, i.e. during the term the certificate price may drop below 90%, but at the end of the term the investor obtains 90% of the nominal value in any case.
The issue price amounts to 100% (nominal value EUR 1,000) within the subscription period. Further information as well as the Key Information Document can be found on 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
The product described herein is subject to and governed by the Base Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority (FMA). The Base Prospectus has been deposited at the Oesterreichische Kontrollbank AG, published at www.rcb.at/securitiesprospectus and contains the risks and terms and conditions of the product.
Additional information may also be obtained from the key information document of the product published at www.rcb.at. Raiffeisen Centrobank AG is subject to supervision by the FMA and the Austrian National Bank as well as the European Central Bank within the Single Supervisory Mechanism (Council Regulation (EU) No 1024/2013).