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ERSTE Future Invest 90% Garant 19-29


ISIN:
AT0000A2A6N2
WKN:
EB0FSU

2019/09/18 08:17:52
Bid Ask
- 100.00
Difference 0.00% (0.00)

General attributes

IssuerErste Group Bank AG
Product typeGuaranteed products
CurrencyEUR
Minimum coupon-
Capital guarantee90.00%
Maturity2029/10/04
UnderlyingSolactive ERSTE Future Invest Index VC

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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
Advantages Risks you should be aware of
  • Globally diversified investment mix with automatic risk control
  • 1:1 participation in the positive performance of the Solactive ERSTE Future Invest Index VC
  • Erste Group Bank AG will set quotes for this product during the term, nevertheless, is not obliged to it
  • Redemption of at least 90.00 % of the nominal amount at maturity and therefore protection against possible capital losses of more than -10.00 %
  • The entitlement for redemption at 90.00 % of nominal amount by Erste Group Bank AG applies only at maturity.
  • During the term prices are fluctuating and premature sales can lead to capital loss.
  • The extent of investment in the Solactive ERSTE Future Invest Index VC may vary between 0 % and 100 %.
  • This bond 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 bond 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.




2019/09/18 08:17:52
Bid Ask
- 100.00
Difference 0.00% (0.00)

General attributes

IssuerErste Group Bank AG
Product typeGuaranteed products
Minimum coupon-
Capital guarantee90.00%
Issue date2019/10/04
Maturity2029/10/04
Stock exchangeVIE, STU
UnderlyingSolactive ERSTE Future Invest Index VC
Participation100.00%
Nominal amount1,000.00
Quantoyes
CurrencyEUR

Guaranteed products | Description

The ERSTE Future Invest 90% Garant 19-29 refers to the Solactive ERSTE Future Invest Index VC as underlying, has a fixed term of ten years and will be redeemed on 04/10/2029 (maturity). During the term there is no interest payment and investors do not receive any other proceeds. 

The redemption at maturity depends on the performance of the underlying. Redemption is at least 90.00 % of the nominal amount (minimum redemption amount). The participation on the positive performance of the underlying is uncapped.

Upon maturity the performance of the underlying is looked at: in case of a positive index performance investors receive this positive performance in addition to the nominal amount. In case of a negative performance, investors bear losses up to -10.00 %. If the index price falls more than -10.00 %, the capital protection applies and the bond is redeemed at 90.00 % of the nominal amount.

With the ERSTE Future Invest 90% Garant bond investors have the opportunity to invest in 5 megatrends with just one product. These megatrends are:

  • Health care 
  • Lifestyle
  • Technology & innovation
  • Environment & clean energy
  • Emerging markets


The index that investors participate 1:1 with this bond is the Solactive ERSTE Future Invest Index VC. It invests in 10 exchange-traded investment funds (ETFs), which passively invest in recognized financial market indices and reflect them efficiently. An additional risk control controls the degree of investment of the ETF portfolio and a money market investment. The ETF portfolio consists of 7 megatrend equity funds and 3 bond funds on sustainable corporate and emerging market bonds. 

In calm market phases, the index invests mainly in the ETF portfolio. In uncertain and turbulent times, it may be advisable to make the investment more defensive and increase the money market share. Therefore, the index automatically reduces the degree of investment in the ETF portfolio as its volatility rises above 7 %. As a result, the money market share will increase and the ETF portfolio will be proportionately reduced, which can reduce the risk. The extent of the automatic switching to the money market depends on the volatility. When the market calms down, the degree of investment is increased again accordingly.

Details on the index can be found at the website of the index provider Solactive AG: https://www.solactive.com/indices/?index=DE000SLA9H23

Price information

Today open100.00
Today high100.00
Today low100.00
Close (previous day)100.00
Spread in %0 % %
Spread absolute0.00
High price (52 weeks)100.00
Low price (52 weeks)100.00

Performance

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


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. In our glossary we explain the most important keywords and within the FAQ section you can find answers to the most common questions concerning this topic.

Contact

Do you have any further questions which are not covered in our know-how area? Please ask directly our product specialists via our contact form.

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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), citizen/resident of Australia, Canada, Great Britain and Japan. For this reason, the distribution or redistribution of the information, materials and products into United States, Australia, Canada, Great Britain and Japan 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.