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Erste Group Turbo short E-mini Dow Jones Open end


2023/06/08 16:15:57
Bid Ask
33.50 33.70
Difference -2.04% (-0.70)

General attributes

IssuerErste Group Bank AG
Product typeTurbos
Long/ Shortshort
UnderlyingE-mini Dow Jones
Current underlyingE-Mini Dow Jones JUN23
Price underlying33,811.00 USD
Date2023/06/09 03:08:54
Strike41,059.3384 USD
Strike distance in %21.43%
Barrier40,059.3384 USD
Distance to barrier6,246.34 USD
Distance to barrier in %18.47%
Knocked outno
Pay back value-
Last rollover2023/03/14
Expected next rollover2023/06/13
MaturityOpen end

The calculation of the key figures is based on the most recently delivered price of the underlying (see date/time stamp in tab underlying).

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Final termsPDF Download
Key Information DocumentPDF Download

Performance since inception. Performances under 12 month have only little informative value because of the short maturity. Information about previous performance does not guarantee future performance.
Source: Erste Group Bank AG
  • Investors have disproportionate return potential with little capital investment due to the leverage effect.
  • Investors can participate on falling prices.
  • The influence of time value and volatility is very low.
  • There is no capital guarantee and a total loss of invested capital is possible.
  • The leverage effect may cause disproportionately high losses.
  • Investors bear the risk of the issuer Erste Group Bank AG.
  • This Turbo is not covered by any deposit guarantee scheme. Investors are exposed to the risk that Erste Group Bank AG may not be able to meet its obligations arising from the Turbo in the event of insolvency or over-indebtedness or from an official order (bail-in regime). A total loss of invested capital is possible.

Secondary market

During the term it is possible to sell the product during the trading hours at the exchanges, where the product is listed.

2023/06/08 16:15:57
Bid Ask
33.50 33.70
Difference -2.04% (-0.70)

Erste Group Bank AG
E-mini Dow Jones
E-Mini Dow Jones JUN23
33.811,00 USD
09.06.2023 03:08:54
41.059,3384 USD
40.059,3384 USD
6.246,34 USD

The calculation of the key figures is based on the most recently delivered price of the underlying (see date/time stamp in tab underlying).

Turbos | Description

What are Turbos Short?
Turbos allow investors to participate on market fluctuations in both ways. Turbos Short benefit from falling prices of the underyling. The unlimited earning potential, however, is offset by the risk of total loss if the barrier is hit. For a Turbo Short this barrier is set below the initial price of the underlying at the time of issue. There are Turbos with a certain term and turbos with an indefinite term ("open-end Turbos").

How do Turbos Short work?
Turbos offer an inbuilt leverage effect. The price movements of the underlying are reflected relatively independent of volatility. If the price of the underlying instrument rises, the price of the Turbo Short falls according to the chosen leverage at a disproportionate level. The leverage effect results from the lower purchase price of a Turbo compared to the direct investment in the underlying. The lower the purchase price of the Turbo, the bigger the leverage. Turbos have a strike (base) price and a barrier. The intrinsic value of the Turbo is the difference of the strike price and the share price (Turbo Short).

Price information

Today open34.25
Today high34.25
Today low33.60
Close (previous day)34.30
Spread in %0.59 %
Spread absolute0.20
Spread harmonised200.00
High price (52 weeks)65.10
Low price (52 weeks)22.45


Performance YTD in %-11.35%
Performance 1 month in %-0.30%
Performance 6 months in %-1.61%
Performance 1 year in %-16.21%
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-12.27%

2023/06/08 16:15:57
Bid Ask
33.50 33.70
Difference -2.04% (-0.70)

Date: 2023/06/09 03:08:54
Underlying Quote
33,811.00 USD
Difference -0.16% (-54.00)

General attributes underlying

NameE-mini Dow Jones
Stock exchange (underlying)CME
Currency (underlying)USD
Start value underlying33,996.0000
Current underlyingE-Mini Dow Jones JUN23
Last rollover2023/03/14
Expected next rollover2023/06/13
Time23/06/09 - 03:08:54
Change in %-0.16%
Today high33,847.00
Today low33,804.00
High price (52 weeks)35,280.00
Low price (52 weeks)28,998.00

Information about previous performance does not guarantee future performance.
Source: FactSet

Notice on chart (only applicable for future as underlying)

The chart displays the performance of the future currently serving as underlying. The underlying changes monthly or quarterly, as shortly before the future expires there is a roll-over in the next due future. Therefore, the price history in the chart solely represents the current future underlying.


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