The certificate Europe/Gold Bonus&Safety 3 is based on the best-known equity benchmark in the euro zone, the EURO STOXX 50® index and the gold price.
This investment product is suited for investors who expect these two underlyings to perform stably in the upcoming five years and who deem price slumps of 51% or more unlikely to occur.
The investment product without capital protection combines the opportunity to obtain a bonus yield of 20% at the end of the term (equals 3.7% p.a.) with partial protection for the invested capital. The initial distance to the barrier (safety buffer) is 51% and the certificate has a term of five years.
At the maturity date (February 2026) the Bonus Certificate will be redeemed at the bonus amount of EUR 1,200 per nominal value, provided that the closing price of the EURO STOXX 50® index and the LBMA Gold Afternoon Fixing Price (03:00 p.m. London) have never touched or undercut the barrier of 49% of their respective starting value during the observation period (observation of daily closing prices).
If the barrier is violated by at least one of the respective starting values during the observation period, redemption at the maturity date is effected according to the underlying which performs “worst“ (percentage change 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 underlyings beyond the bonus level = 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.
Details on the EURO STOXX 50® index as well as the current list of index members can be found on the website of the index provider STOXX Ltd.
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