The Austrian leading index ATX®, which comprises the 20 heavyweights listed on the Vienna Stock Exchange, posted a price gain of more than 30% in 2017 and stood out as one of the leading indices worldwide. This came as no surprise for analysts and investors. The innovation power of Austrian companies and the focus on the growth markets in Eastern Europe contributed substantially to these favourable dynamics.
The Austrian Winner 90% is a suited for investors who expect the Austrian stock market to continue with its favourable performance and who want the majority of their invested capital to be protected as well.
Payout Profile:
Investors participate in price gains up to +30%. In case of price losses of more than 10% the capital protection of 90% applies at the end of the term.
At the initial valuation date the closing price of the ATX® is defined as the starting value and the cap (130% of the starting value) is determined. At the end of term the performance of the index is determined and one of the following scenarios will occur:
- SCENARIO 1 – positive index performance
a)… and BELOW the cap of 130%
1:1 participation in the index performance
e.g.: index +20% → redemption: EUR 1,200
b)… but ABOVE the cap of 130%
Redemption at the maximum amount
e.g.: index +50% → redemption: EUR 1,300
- SCENARIO 2 – negative index performance
a) … but ABOVE 90% of the starting value
1:1 participation in the index performance
e.g.: index -5% → redemption: EUR 950
b)… and BELOW 90% of the starting value
capital protection of 90% applies
e.g.: index -40% → redemption: EUR 900
Key Facts:
- ISIN: AT0000A202D8
- Initial valuation date: Mar 20, 2018
- Term: 6 years (maturity date: Mar 21, 2024)
- Listing: Vienna, Frankfurt, Stuttgart
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/en/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).
