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Erste Group Turbo long FIELMANN GROUP Open end


ISIN:
AT0000A34RF7
WKN:
EB1EFR
2023/09/22 09:31:31
Bid Ask
0.266 0.326
Difference -10.84% (-0.04)

General attributes

IssuerErste Group Bank AG
Product typeTurbos
Long/ Shortlong
CurrencyEUR
UnderlyingFIELMANN GROUP
Price underlying41.32 EUR
Date2023/09/22 17:35:26
Strike38.6596 EUR
Strike distance in %-
Barrier41.2896 EUR
Distance to barrier-
Distance to barrier in %-
Knocked outyes / 2023/09/22
Pay back value0.263
Leverage-
Multiplier0.1000000
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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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
Advantages Risks you should be aware of
  • Investors have disproportionate return potential with little capital investment due to the leverage effect.
  • Investors can participate on rising 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.

2023/09/22 09:31:31
Bid Ask
0.266 0.326
Difference -10.84% (-0.04)

General attributes

IssuerErste Group Bank AG
Product typeTurbos
Long/ Shortlong
Stock exchangeSTU, VIE
UnderlyingFIELMANN GROUP
Underlying ISINDE0005772206
Underlying stock exchangeGER
Underlying currencyEUR
Price underlying41.32 EUR
Date2023/09/22 17:35:26
Strike38.6596 EUR
Strike distance in %-
Barrier41.2896 EUR
Distance to barrier-
Distance to barrier in %-
Knocked outyes / 2023/09/22
Pay back value0.263
Leverage-
Multiplier0.1000000
Start price product1.01
CurrencyEUR
Issue date2023/05/26
First trading day2023/05/26
Last trading day2023/09/22
MaturityOpen end
Quantono

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 Long?
Turbos allow investors to participate on market fluctuations of the underlying. Turbos Long benefit from rising prices of the underlying. 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 above 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 Long 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 Long rises 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 share price and the strike price (Turbo Long).

Price information

Today open0.31
Today high0.31
Today low0.30
Close (previous day)0.33
Spread in %18.40 %
Spread absolute0.06
Spread harmonised0.60
High price (52 weeks)1.29
Low price (52 weeks)0.30

Performance

Performance YTD in %-
Performance 1 month in %-57.98%
Performance 6 months in %-
Performance 1 year in %-
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-70.69%


2023/09/22 09:31:31
Bid Ask
0.266 0.326
Difference -10.84% (-0.04)

Date: 2023/09/22 17:35:26
Underlying Quote
41.32 EUR
Difference -0.82% (-0.34)

General attributes underlying

NameFIELMANN GROUP
ISIN-
Stock exchange (underlying)GER
Currency (underlying)EUR
Start value underlying48.4200
Price41.32
Time23/09/22 - 17:35:26
Change in %-0.82%
Today high41.42
Today low40.86
High price (52 weeks)51.10
Low price (52 weeks)27.56


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.


Know-How

In our know-how area you can find all relevant details on the different types of certificates. The tutorial gives you selected information about the functionality of structured products and assists you in making your investment decision.

Contact

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INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.

Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended). For this reason, the distribution or redistribution of the information, materials and products into United States or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited. The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.

The Interested Party is solely responsible to examine, whether he may enter the Websites under the law applicable to it. Erste Group shall not be responsible for the distribution of content of any of the Websites to individuals or entities which provide false information about their right to enter the Websites. For this reason Erste Group shall not be liable for any legal claims or damages which may result from the unauthorized entering or reading of the Websites.

By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.