An old saying suggests: “Sell in May and go away, but remember to come back in September.“ It is based on decades of experience on the share market which shows that usually less yield is generated in the summer semester than in the winter semester.
Additional uncertainties like the fear of a trade war between China and the USA further aggravate the challenge of finding the ideal time of entry. The Best Entry Dividend Stocks Winner 90% resolves this timing problem and offers an interesting investment opportunity for security-oriented investors. The best entry mechanism ensures the best entry starting value during the 3-months best entry period.
This Capital Protection Certificate is a suited for investors who expect high dividend yielding global stocks to continue with a positive performance and who want the majority of their invested capital to be protected.
Payout Profile:
Investors participate in price gains of the STOXX® Global Select Dividend 100 index up to +50%, the cap is set at 150 % of the starting value. In case of price losses of more than 10% the capital protection of 90% applies at the end of the term.
The best entry period starts with the issuance of the certificate. At the initial valuation date the lowest closing price of the STOXX® Global Select Dividend 100 index during the best entry period (June 29 – Sep 28, 2018) is determined as starting value.
At the end of term the performance of the index is determined and one of the following scenarios will apply:
- SCENARIO 1 – positive index performance
a) … and BELOW the cap of 150%
- 1:1 participation in the index performance
e.g.: index +30% → redemption: EUR 1,300
b) … but ABOVE the cap of 150%
- redemption at the maximum amount
e.g.: index +60% → redemption: EUR 1,500
- SCENARIO 2 – negative index performance
a) … and BELOW 90% of the starting value
- capital protection of 90% applies
e.g.: index -40% → redemption: EUR 900
b)… but ABOVE 90% of the starting value
- 1:1 participation in the index performance
e.g.: index -5% → redemption: EUR 950
Further information as well as the Key Information Document please refer to the product page.
For any additional information you may require do not hesitate to contact us on +43151520484.
The Structured Products Team of Raiffeisen Centrobank
The product described herein is subject to and governed by the Base Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority (FMA). The Base Prospectus has been deposited at the Oesterreichische Kontrollbank AG, published at www.rcb.at/securitiesprospectus and contains the risks and terms and conditions of the product.
Additional information may also be obtained from the key information document of the product published at www.rcb.at. Raiffeisen Centrobank AG is subject to supervision by the FMA and the Austrian National Bank as well as the European Central Bank within the Single Supervisory Mechanism (Council Regulation (EU) No 1024/2013).
