Factor Certificate Short WIG20

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Name
Factor Certificate WIG20
ISIN / WKN
AT0000A21HZ3 / RC0QB5
WSE Ticker
RCFS3FW202
Underlying
Leverage factor
-3.00
Threshold
30.00%
Factor Level
PLN 0.00
Protection Level
PLN 0.00
Tradeable unit/nominal value
1 unit
Multiplier
0.00121
Product currency
PLN
Listing
Warsaw
About the term

Initial valuation date
May 23, 2018
Issue date
May 24, 2018
Final valuation date
-
Maturity date
open-end

Product classification
Leverage Product without Knock-Out
Security type (Eusipa No.)
Factor Certificate (2300)
Factor Certificate Type
Factor Certificate Short
Underlying
Country / region of underlying
Poland
Suited market expectation
bearish
Issue price
10.00 PLN
Spread homogenised
-
Spread (in %)
-
Underlying currency
PLN
Settlement method
Cash settlement
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Description

Factor Certificates enable investors to participate with a leverage effect in the performance of the underlying. The certificates have a constant leverage factor, no knock-out and are open-ended. Short Factor Certificates provide investors with above average profit opportunities in falling markets.

Please note: The leverage effect of a Factor Certificate means that fluctuations in the value of the underlying have a disproportionate impact on the value of the Factor Certificate. Even small price fluctuations against the investor's market opinion can lead to the loss of a substantial part of the capital invested, up to a total loss. If the underlying of the certificate is a future (e.g. in the case of commodities), the issue of rolling must be taken into account. Investors are also exposed to the exchange rate risk if the currency of the underlying does not equal the currency of the Factor Certificate.

Factor Certificates are not suitable for long-term investment.

For further information on this product category, please refer to our brochure on Factor Certificates.

TRADING HOURS

Products on Austrian underlyings

9:15 - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

- Turkey, Czech Republic9:00 - 4:00 pm

- Poland, Hungary, Romania, CEE and Eastern Europe

9:15 - 4:50 pm

Products on other international underlyings and commodities
(incl. Germany and Switzerland)

9:00 - 8:00 pm
INFORMATION

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

T: +431717075454
E: info(at)raiffeisencertificates.com