Turbo Certificate Short adidas 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 188.48 (-0.06%) Barrier- Barr. Dist. %- Leverage-
Name
Short adidas AG
ISIN / WKN
AT0000A389S1 / RC1BRR
Underlying
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
-
Underlying price
EUR 188.48 (-0.06%)
Feb 26, 2024 10:20:02.443
Starting value
EUR 166.46
Strike
EUR 211.46
Denomination / nominal
1 unit
About the term
Initial valuation date
Oct 26, 2023
Issue date
Oct 27, 2023
Final valuation date
-
Maturity date
open-end
Product classification
Leverage Product with Knock-Out
Security type (eusipa Nr.)
Turbo Certificate (2210)
Turbo Certificate Type
Turbo Certificate Short
Underlying
Country / region of underlying
Germany
Suited market expectation
bearish
Issue price
4.49 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, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Product info
Comments

Turbo Certificates enable investors to participate with a leverage effect in the performance of the underlying. Short Turbo Certificates provide investors with above average profit opportunities in falling markets. If the underlying touches or surpasses the barrier (knock-out level), the Turbo Certificate expires prematurely. The investor may incur a total loss of the invested capital.

Barrier and strike are adjusted on a daily basis. In case the underlying quotes in a currency different to that of the certificate or in case the underlying is a commodity future (roll over), a deviation may occur.