Factor Certificate Short Silver Future

BidEUR 0.440
Apr 16, 2024 10:09:16.101 UTC
AskEUR 0.480
Apr 16, 2024 10:09:16.101 UTC
chg. 1D+0.040 (+9.52%)
Apr 16, 2024 10:09:16.101 UTC
Underlying price (indicative) 28.33 (-1.91%)
Apr 16, 2024 10:26:50.000 UTC
Protection LevelUSD 32.18 Leverage factor-7.00

Name
Factor Certificate Silver Future
ISIN / WKN
AT0000A32NV7 / RC08Q7
Underlying
Underlying price (indicative)
USD 28.33 (-1.91%)
Apr 16, 2024 10:26:50.000
Leverage factor
-7.00
Threshold
11.00%
Factor Level
USD 33.13
Protection Level
USD 32.18
Tradeable unit/nominal value
1 unit
Multiplier
0.11309
Product currency
EUR
Listing
Vienna, Stuttgart
About the term

Initial valuation date
Jan 31, 2023
Issue date
Feb 01, 2023
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
Commodity
Suited market expectation
bearish
Issue price
10.00 EUR
Spread homogenised
0.35
Spread (in %)
9.09%
Underlying currency
USD
Settlement method
Cash settlement
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
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