The certificate Sustainability Winner 3 is based on the STOXX® Global ESG Leaders Select 50 Price EUR index, a global benchmark of 50 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 (July 22, 2020) the closing price of the STOXX® Global ESG Leaders Select 50 Price EUR index is defined as the starting value. At the end of term (July 18, 2030) the performance of the index is determined and one of the following scenarios will apply:
- SCENARIO 1 –index performance POSITIVE
1:1 participation in the index performance, e.g.: index +30% → redemption: EUR 1,300
- SCENARIO 2 – index performance UNCHANGED or NEGATIVE
… and thus BELOW 100% of the starting value
100% capital protection applies at the end of the term, e.g.: index performance -40% → redemption: USD 1,000
The 100% capital protection by Raiffeisen Centrobank AG only applies at maturity, i.e. during the term the certificate price may drop below 100%, but the investor obtains at least 100% of the nominal value at the end of the term.
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 Page.
Details on the STOXX® Global ESG Leaders Select 50 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 Team Structured Products of Raiffeisen Centrobank