This certificates complies with RCB’s sustainability standards. For further information please see: www.rcb.at/en/sustainability
The certificate MSCI World Sustainability Winner 90% III is based on the MSCI® World Top ESG Select 4.5% Decrement Index. 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 MSCI® World Top ESG Select 4.5% Decrement Index (closing price on Feb 8, 2022) and the cap (122% of the starting value) are determined. At the end of the term (Feb 4, 2027) the performance of the index is calculated and one of the following scenarios will occur:
SCENARIO 1) Final reference value ≥ 122% of the starting value ► Redemption at cap
If the final reference value is greater or equal to 122% of the starting value, the
certificate will be redeemed at the maturity date at 122% of the nominal value (cap).
e.g. Index +30% ► Redemption: EUR 1,220
SCENARIO 2) Final reference value ≥ 90% & < 122% of the starting value ► 100% participation
If the final reference value is greater or equal to 90% but smaller than 122% of the starting
value, certificate will be redeemed according to the performance of the underlying
(percentage development from the starting value to the final reference value).
e.g. Index -5% ► Redemption: EUR 950
SCENARIO 3) Final reference value < 90 % of the starting value ► Redemption at 90%
If the final reference value is smaller than 90% of the starting value, certificate will be
redeemed at maturity at 90% of the nominal value.
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 MSCI® World Top ESG Select 4.5% Decrement Index as well as the current list of index members can be found on the website of the index provider MSCI.
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