For investors who reckon price slumps of the European stocks benchmark EURO STOXX 50® of 51% or more as unlikely during the next five years, the Europe Bonus&Safety 21 certificate represents a suitable investment product without capital protection, but with a substantial safety buffer.
The barrier is set at 49% of the index starting value. Therefore the comfortable safety buffer (distance to the barrier) amounts to 51% at the beginning of the term.
At the maturity date (June 2025) the Bonus Certificate will be redeemed at the bonus amount of EUR 1,200 per EUR 1,000 nominal value, provided that the index neither touches nor undercuts the barrier of 49%(continuous observation) at any point in time.
In case the barrier was touched or undercut, the bonus mechanism will no longer apply and redemption at the maturity date will be effected according to the performance of the underlying (percentage EURO STOXX 50® index performance from the starting value to the closing price at the final valuation date). Even then the maximum amount remains limited at EUR 1,200 per nominal value and investors do not participate in price increases of the EURO STOXX 50® index beyond the cap.
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 the product detail page.
Bonus Certificates – simply explained:
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