Express Certificate AXA Express 3
Issue price100.00% Redemption price114.00% Issue dateNov 18, 2019 Maturity dateNov 19, 2024
Name
AXA Express 3
ISIN / WKN
AT0000A2AX46 / RC0V04
Underlying
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
-
Underlying price
EUR 34.81 (-0.25%)
Mar 28, 2024 16:30:00.000
Starting value
EUR 25.24
Strike
EUR 25.24
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Nov 15, 2019
Issue date
Nov 18, 2019
Valuation dates
Nov 16, 2020 / Nov 16, 2021 / Nov 16, 2022 / Nov 16, 2023 / Nov 13, 2024
Final valuation date
Nov 13, 2024
Maturity date
Nov 19, 2024
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Underlying
Country / region of underlying
France
Suited market expectation
sideways, bullish
Spread homogenised
-
Spread in %
-
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Tax treatment
Capital Gains Tax / No EU Withholding Tax
Public offer in
-
Listing
Vienna, Frankfurt, Stuttgart
Comments

The AXA Express 3 certificate provides the opportunity for early redemption each year and enables investors to obtain a profit of 7% per year if the price of the AXA share quotes at or above the annually declining termination level. In case the share price quotes below the respective termination level, the term will be extended by another year - up to a maximum of 5 years. If the barrier is violated at the end of the term, the investor is entirely subject to market risk and physical delivery of AXA shares is effected.

This certificates complies with the sustainability standard for Raiffeisen Certificates and takes into account important adverse impacts on sustainability factors ("PAIs").