2021/04/13 17:29:24 | |
---|---|
Bid | Ask |
146.17 | 146.24 |
Difference | 0.37% (0.54) |
Issuer | Erste Group Bank AG |
Product type | Index/Participation Certificates |
Currency | EUR |
Underlying | GOLD Future |
Current underlying | GOLD Future JUN21 |
Price underlying | 1,743.50 USD |
Date | 2021/04/14 07:52:01 |
Last rollover | 2021/03/25 |
Expected next rollover | 2021/05/21 |
Maturity | Open end |
Multiplier | 0.1000000 |
Management fee | 0.00% |
Advantages | Risks you should be aware of |
|
|
During the term it is possible to sell the product during the trading hours at the exchanges, where the product is listed. |
2021/04/13 17:29:24 | |
---|---|
Bid | Ask |
146.17 | 146.24 |
Difference | 0.37% (0.54) |
Issuer | Erste Group Bank AG |
Product type | Index/Participation Certificates |
Stock exchange | VIE, STU |
Underlying | GOLD Future |
Current underlying | GOLD Future JUN21 |
Underlying ISIN | - |
Underlying stock exchange | CMX |
Underlying currency | USD |
Multiplier | 0.1000000 |
Issue date | 2021/04/06 |
Issue price | 147.10 |
Last rollover | 2021/03/25 |
Expected next rollover | 2021/05/21 |
Maturity | Open end |
First trading day | 2021/04/06 |
Last trading day | Open end |
Quanto | no |
Currency | EUR |
Management fee | 0.00% |
The performance of the certificate depends on the performance of the price of the underlying futures contract ("Future") on gold. The value of the certificate corresponds to the underlying price multiplied by the current multiplier, converted into euros.
The certificate has an unlimited term. Since the underlying asset is a future and futures have a fixed term, they are replaced before expiry by a new, longer-term contract with the same structure. This process is called a "roll-over". Based on the roll-over costs incurred, the multplier is adjusted accordingly. On the one hand, this is affected by the costs of selling and buying the futures, and on the other hand, roll profits or losses can be realised. Roll-profits arise when the value of the expiring future is higher than the new future. As a result, more can be invested in the new future and a higher multiplier can thus be achieved. This situation is also called backwardation. Roll losses occur when the reverse occurs. In this case, the expiring future is valued lower than the new future (Contango). Since less can be invested in the new future in this case, the multiplier also decreases.
Since the certificate is quoted in Euro, the value of the certificate is also influenced by the development of the exchange rate between Euro and US Dollar. |
Today open | 144.98 |
Today high | 146.59 |
Today low | 144.98 |
Close (previous day) | 145.63 |
Spread in % | 0.05 % |
Spread absolute | 0.07 |
Spread harmonised | 0.70 |
High price (52 weeks) | 147.92 |
Low price (52 weeks) | 144.98 |
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 % | -0.61% |
2021/04/13 17:29:24 | |
---|---|
Bid | Ask |
146.17 | 146.24 |
Difference | 0.37% (0.54) |
Date: 2021/04/14 07:52:01 | |
---|---|
Underlying Quote | |
1,743.50 USD | |
Difference | -0.23% (-4.10) |
Name | GOLD Future |
ISIN | - |
Stock exchange (underlying) | CMX |
Currency (underlying) | USD |
Start value underlying | 1,735.5000 |
Current underlying | GOLD Future JUN21 |
Last rollover | 2021/03/25 |
Expected next rollover | 2021/05/21 |
Price | 1,743.50 |
Time | 21/04/14 - 07:52:01 |
Change in % | -0.23% |
Today high | 1,749.90 |
Today low | 1,741.10 |
High price (52 weeks) | 2,112.70 |
Low price (52 weeks) | 1,676.20 |
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.