With the certificate USD MSCI Emerging Markets Bonus&Safety investors can obtain a bonus yield of 28% at the end of the term (October 2022) if the price of the MSCI Emerging Markets index never declines by 51% or more of its starting value during the observation period. Due to the cap this represents the maximum amout.
If the underlying touches or undercuts the barrier of 49% of the starting value, redemption will be effected according to the performance of the underlying (percent index performance from the starting value to the closing price at the final valuation date). Even if the bonus mechanism is suspended, investors can generate a maximum yield of 28% over five years term.
Details on the index can be found on the website of the index provider MSCI
by selecting the respective index in the dropdown menu.