Express Certificate AXA Express 3 The product related information contained herein is exclusively for information purposes only, intended for current investors or in case these products are displayed further to an individual search. The information does not constitute a recommendation or an offer to buy or an invitation to make a respective offer in relation to any of the products described herein.

chg. 1D+2.080 (+2.47%) Bid85.33% Ask87.33% Last updateJul 10, 2020
16:19:44.708
UTC
Underlying price (delayed) 18.28 (+2.03%) Starting value25.24 Next redemption level25.24 Max. yield p.a. until next observation date79.29%

Name
AXA Express 3
ISIN / WKN
AT0000A2AX46 / RC0V04
Underlying
Underlying price (delayed)
EUR 18.28 (+2.03%)
Jul 10, 2020 15:35:28.551
Starting value
EUR 25.24
Barrier
EUR 15.14
Distance to barrier
17.17%
Observation barrier
on the final valuation date
(early) redemption level
25.24 / 22.71 / 20.19 / 17.66 / 15.14
Distance to next termination level
-38.05%
(early) redemption amount
107.00% / 114.00% / 121.00% / 128.00% / 135.00%
Max. yield until next observation date
22.52%
Max. yield p.a. until next observation date
79.29%
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Nov 15, 2019
Issue date
Nov 18, 2019
Valuation dates
Nov 16, 2020 / Nov 16, 2021 / Nov 16, 2022 / Nov 16, 2023 / Nov 13, 2024
Final valuation date
Nov 13, 2024
Maturity date
Nov 19, 2024

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Underlying
Country / region of underlying
France
Suited market expectation
sideways, bullish
Spread homogenised
0.50
Spread (in %)
2.34%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Frankfurt, Stuttgart
Description

The AXA Express 3 certificate provides the opportunity for early redemption each year and enables investors to obtain a profit of 7% per year if the price of the AXA share quotes at or above the annually declining termination level. In case the share price quotes below the respective termination level, the term will be extended by another year - up to a maximum of 5 years. If the barrier is violated at the end of the term, the investor is entirely subject to market risk and physical delivery of AXA shares is effected.

TRADING HOURS
Products on Austrian underlyings9:15 am - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

 - Turkey, Czech Republic9:00 am - 4:00 pm
 - Russia, Croatia, Ukraine, Kazakhstan9:15 am - 4:30 pm
 - Poland, Hungary, Romania, CEE and Eastern Europe9:15 am - 4:50 pm
  
Products on other international underlyings and commodities
(incl. Germany and Switzerland)
9:00 am - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm


T: +43151520484
F: +431 513 43 96
E: produkte(at)rcb.at