AXA Express 2 – available on secondary market

AXA Express 2 – available on secondary market

Annual yield opportunity of 15% with a maximum term of 5 years

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The AXA Express 2 certificate combines the opportunity to generate an attractive yield with the possibility for an early redemption. The share of AXA S.A. serves as underlying for the investment product without capital protection. The Express Certificate offers an attractive profit opportunity for those investors who expect the share of Europe’s largest insurance company to quote at or above its current level within the forthcoming five years.

Term:

The certificate has a minimum term of1year and a maximum term of 5 years. If the closing price of the AXA share quotes at or above its redemption level (equal to the share’s closing price at the initial valuation date) at one of the annual valuation dates, (early) redemption is effected according to the predefined redemption price.

Yield opportunity:

If the share quotes below its termination level at the respective annual valuation date, the term extends by another year and the potential annual termination price increases by 15% to a maximum of 75% of the nominal value. This means, the longer the term, the higher the potential termination price (between 115% and 175% of the nominal value).

Safety mechanism:

In case no early redemption was effected from the first to the fourth year and if the underlying quotes below the termination level at the fifth and final valuation date, an additional safety mechanism applies: in case the closing price of AXA share quotes above the barrier of 60% at the final valuation date, redemption is effected at 100% of the nominal value. This means investors do not generate profit and the nominal value of EUR 1,000 is redeemed.

Then the investor gets the AXA shares in the amount predefined at the issue date (nominal value/strike). The difference to the integral number is paid out.

Express Certificates – explained shortly:

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For any additional information you may require do not hesitate to contact us on +43151520484.

The Structured Products Team of Raiffeisen Centrobank


 

Key facts:
  • Name: AXA Express 2
  • ISIN: AT0000A28HZ8
  • Initial valuation date: Jul 22, 2019
  • Term: min. 3 years, max. 1 year
  • Listing: Vienna, Frankfurt, Stuttgart
Disclaimer
This is advertising. This non-binding information does not constitute advice, recommendation or invitation to conclude a transaction. The presentation is of a generic nature, does not take into account the personal circumstances of potential investors and therefore cannot replace individual investor and investment-oriented advice and risk disclosure. This advertisement has not been prepared in compliance with the legal provisions promoting the independence of investment research and is not subject to the ban on trading following the dissemination of investment research. A base prospectus (including any supplements) that complies with the Austrian Capital Market Act and has been approved by the competent authorities (CSSF, FMA) is available on the website of Raiffeisen Bank International AG (www.raiffeisencertificates.com/en/securities-prospectus/). The approval of the base prospectus by the competent authorities is not to be understood as an endorsement by the competent authorities of the financial instruments described herein. We recommend reading the prospectus before making an investment decision. Important additional information on the products described (in particular their opportunities and risks) can be found on the website of Raiffeisen Bank International AG at www.raiffeisencertificates.com/en/; in particular, the approved base prospectus (including any supplements) can be found at (www.raiffeisencertificates.com/en/securities-prospectus/) and under "Customer Information and Regulatory Issues" at www.raiffeisencertificates.com/en/customer-information/. Regulatory authorities: Austrian Financial Market Authority (FMA), European Central Bank (ECB). Imprint according to Austrian media law: Media owner and producer is Raiffeisen Bank International AG, Am Stadtpark 9, 1030 Vienna/Austria.