The Guarantee-Certificate Dividend Stocks Bond 3 is based on the STOXX® Global Select Dividend 100 – a global index representing a selection of top-dividend yielding stocks. The certificate addresses to investors who look for sound “extra returns” in the currently low interest rate environment and who wish to be capital protected.
Payout Profile:
At the initial valuation date the starting value (closing price of the STOXX® Global Select Dividend 100 index) is determined.
At the final valuation date the closing price of the index is compared with the starting value and one of the subsequent scenarios will occur:
SCENARIO 1: Index UNCHANGED or ABOVE the starting value
a) Index +25% or more à50% yield + 100% nominal value
In case the closing price of the index quotes 25% or more above the starting value at the final valuation date, redemption at the maturity date is effected at 150%. This is equivalent to EUR 1,500 per EUR 1,000 nominal value which, at the same time, comes up to the maximum payout.
b) Index between ±0 and +25% à25% yield + 100% nominal value
Redemption is effected at 125%, equivalent to EUR 1,250 per EUR 1,000 nominal value.
SCENARIO 2: Index BELOW the starting value
If the STOXX® Global Select Dividend 100 quotes below its starting value at the final valuation date, the capital guarantee applies and the certificate is redeemed at 100% of the nominal value at the maturity date, which is equivalent to EUR 1,000.
The Dividend Stocks Bond 3 qualifies for investors, who expect the STOXX® Global Select Dividend 100 index to post a moderate positive performance and who wish to be 100% capital protected in case of price declines at the same time.
Key Facts:
- ISIN: AT0000A1H2R6
- Initial valuation date: Dec 10, 2015
- Term: 7 years (maturity date: Dez 12, 2022)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Vienna, Frankfurt, Stuttgart
Further information is available at the product page: Dividend Stocks Bond 3
For more details kindly see the Product Folder (PDF).
This product, the risks as well as terms and conditions associated with it, are subject to and governed by the Base Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority, which has been deposited at Oesterreichische Kontrollbank AG and is published on www.rcb.at/SecuritiesProspectus.
Additionally, Raiffeisen Centrobank AG is subject to supervision by the European Central Bank (ECB), which ECB undertakes within the Single Supervisory Mechanism (SSM), which consists of the ECB on national responsible authorities (Council Regulation (EU) No 1024/2013).
For any additional information you may require do not hesitate to contact us on +43 1 515 20-484.
The Team Structured Products of Raiffeisen Centrobank
