Factor Certificate Short Gold Future 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-0.030 (-3.39%) BidEUR 0.830 AskEUR 0.880 Last updateDec 03, 2020
08:45:29.648
UTC
Underlying price-- Gear Factor-5.00
Name
Factor Certificate Gold Future
ISIN / WKN
AT0000A1YWA2 / RC0NTW
Underlying
Gold Future
Underlying price
-
Gear Factor
-5.00
Threshold
15.00%
Factor Level
EUR 2,196.22
Protection Level
EUR 2,104.73
Denomination / nominal
1 unit
Multiplier
1:360.57476
Product currency
EUR
Listing
Vienna, Frankfurt, Stuttgart
About the term
Initial valuation date
Oct 20, 2017
Issue date
Oct 23, 2017
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
Gold Future
Country / region of underlying
Commodity
Suited market expectation
bearish
Issue price
10.00 EUR
Spread homogenised
18.03
Spread in %
6.02%
Underlying currency
-
Settlement method
Cash settlement
Tax treatment
Capital Gains Tax / No EU Withholding Tax
Public offer in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Croatia, Romania, Slovenia
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.