Factor Certificate Short LPP SA

BidPLN 0.620
May 17, 2024 15:05:15.788 UTC
AskPLN 0.640
May 17, 2024 15:05:15.788 UTC
chg. 1D-0.020 (-3.08%)
May 17, 2024 15:05:15.788 UTC
Underlying price (delayed) 17,720.00 (+0.74%)
May 17, 2024 15:55:45.357 UTC
Protection LevelPLN 22,867.00 Leverage factor-3.00

Name
Factor Certificate LPP SA
ISIN / WKN
AT0000A395F5 / RC1B3N
WSE Ticker
RBIFS3LPP1
Underlying
Underlying price (delayed)
PLN 17,720.00 (+0.74%)
May 17, 2024 15:55:45.357
Leverage factor
-3.00
Threshold
30.00%
Factor Level
PLN 23,454.79
Protection Level
PLN 22,867.00
Tradeable unit/nominal value
1 unit
Multiplier
0.00011
Product currency
PLN
Listing
Warsaw
About the term

Initial valuation date
Dec 18, 2023
Issue date
Dec 19, 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
Poland
Suited market expectation
bearish
Issue price
10.00 PLN
Spread homogenised
181.14
Spread (in %)
3.23%
Underlying currency
PLN
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