Factor Certificate Short Andritz AG The product related information contained herein is exclusively for information purposes only, intended for current investors or in case these products are displayed further to an individual search. The information does not constitute a recommendation or an offer to buy or an invitation to make a respective offer in relation to any of the products described herein.
Change-- Bid- Ask- Last update-
Underlying price 51.80 (-2.54%) Gear Factor-3.00
Name
Short Andritz AG
ISIN / WKN
AT0000A12BT8 / RCE726
Underlying
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
-
Underlying price
EUR 51.80 (-2.54%)
Nov 12, 2024 16:30:00.000
Starting value
EUR 44.20
Strike
EUR 100.00
Denomination / nominal
1 unit
About the term
Initial valuation date
Sep 26, 2013
Issue date
Sep 27, 2013
Final valuation date
-
Maturity date
open-end
Product classification
Leverage Product without Knock-Out
Security type (eusipa Nr.)
Factor Certificate (2300)
Factor Certificate Type
Factor Certificate Short
Underlying
Country / region of underlying
Austria
Suited market expectation
bearish
Issue price
100.00 EUR
Spread homogenised
-
Spread in %
-
Underlying currency
EUR
Settlement method
Cash settlement
Tax treatment
Capital Gains Tax / No EU Withholding Tax
Public offer in
Austria, Germany, Hungary, Poland, Czech Republic, Slovakia
Product info
Comments

Factor Certificates enable investors to participate with a leverage effect in the performance of the underlying. The certificates have a constant leverage factor, no knock-out and are open-ended. Short Factor Certificates provide investors with above average profit opportunities in falling markets.

Please note: The leverage effect of a Factor Certificate means that fluctuations in the value of the underlying have a disproportionate impact on the value of the Factor Certificate. Even small price fluctuations against the investor's market opinion can lead to the loss of a substantial part of the capital invested, up to a total loss. If the underlying of the certificate is a future (e.g. in the case of commodities), the issue of rolling must be taken into account. Investors are also exposed to the exchange rate risk if the currency of the underlying does not equal the currency of the Factor Certificate.

Factor Certificates are not suitable for long-term investment.

For further information on this product category, please refer to our brochure on Factor Certificates.