This certificates complies with RCB’s sustainability standards. Please note that these sustainability standards contain transition periods for the introduction of minimum exclusion criteria and thresholds. For further information please see: www.rcb.at/en/sustainability
The certificate Europe Sustainability Winner 90% IV is based on the STOXX® Europe ESG Leaders Select 30, an European benchmark of 30 sustainable stock titles. The certificate addresses security-oriented investors who consider ethical, ecological and social criteria in their investment decisions and hence are looking for a sustainable investment.
At the initial valuation date the starting value of the STOXX® Europe ESG Leaders Select 30 index (closing price on Oct 12, 2021) and the cap (132% of the starting value) are determined. At the end of the term (Oct 10, 2029) the performance of the index is calculated and one of the following scenarios will occur:
- SCENARIO 1 – positive index performance ...
a) … and BELOW the cap of 132%
1:1 participation in the index performance, e.g. index +15% ► redemption: EUR 1,150
b) … but ABOVE the cap of 132%
Redemption at the maximum amount, e.g. index +40% ► redemption: EUR 1,320
- SCENARIO 2 – negative index performance ...
a) … but ABOVE 90% of the starting value
1:1 participation in the index performance, e.g. index -5% ► redemption: EUR 950
b) … and BELOW 90% of the starting value
Capital protection of 90 % applies at the end of the term, e.g. index -30% ► redemption: EUR 900
The 90% capital protection by Raiffeisen Centrobank AG only applies at the end ot the term, i.e. during the term the certificate price may drop below 90%, but the investor obtains at least 90% of the nominal value at the maturity date.
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 detail page.
Details on the STOXX® Europe ESG Leaders 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 +43 1 515 20-484.
The Structured Products Team of Raiffeisen Centrobank