Factor Certificate Short Volkswagen AG Vorzüge 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 (+1.79%) BidEUR 1.690 AskEUR 1.720 Last updateJul 17, 2024
Underlying price 106.45 (-0.47%) Gear Factor-5.00
Factor Certificate Volkswagen AG Vorzüge
AT0000A31MZ2 / RC08H6
Underlying price
EUR 106.45 (-0.47%)
Jul 17, 2024 14:00:48.095
Gear Factor
Factor Level
EUR 128.34
Protection Level
EUR 122.99
Denomination / nominal
1 unit
Product currency
Vienna, Stuttgart
About the term
Initial valuation date
Nov 08, 2022
Issue date
Nov 09, 2022
Final valuation date
Maturity date
Product classification
Leverage Product without Knock-Out
Security type (eusipa Nr.)
Factor Certificate (2300)
Factor Certificate Type
Factor Certificate Short
Country / region of underlying
Suited market expectation
Issue price
10.00 EUR
Spread homogenised
Spread in %
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, Bulgaria, Croatia, Romania, Slovenia

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.