|Date: 2023/09/29 12:01:00|
|Type of bond||Structured bonds and notes|
|Issuer type||financial institution|
|Country of issue||LU|
|Coupon payment date||2025/05/05|
|Coupon payment period||at maturity|
|Investor tolerance||4 (scale 1-7)|
|Last trading day||2025/05/05|
|Advantages||Details you should be aware of|
What does PDCP BEST ENTRY 1 offer?
Please note that the target market of this investment instrument is listed below. If you do not meet any of the listed parameters, you may be outside the specified target market!
The target market defines the set of investors (retail clients) for whom the investment product is intended.
This investment product is intended for investors who:
You will find more information in the leaflet.
PDCP BEST ENTRY 1 combines fixed interest bearing with investment in a stock index. It offers full participation in the trend of the underlying stock index (investment component) and a fixed interest of 5% p. a. (fixed interest component).
The payout of the yield and nominal value of PDCP BEST ENTRY 1 is derived from the trend of the underlying European EURO STOXX 50® stock index and the proportionate part of the fixed interest bearing component of the product (5% p.a.) will be included in the amount of the yield. Depending on the trend of the underlying stock index, the share can change of the investment of PDCP BEST ENTRY 1 in its individual components. The interesting structure of PDCP BEST ENTRY 1 enables a change in the allocation from the fixed interest bearing in the investment component with a fall of the underlying index below the fixed barrier, which means an attractive opportunity for continuous investment in the lower level of the index.
How does PDCP BEST ENTRY 1 work?
Note 2: The provider of the EURO STOXX 50® index will calculate the initial value based on the closing prices of the underlying assets at the relevant stock exchanges on 28 April 2021.
|EURO STOXX 50|
|EURO STOXX 50® is the main European stock index, which includes 50 of the biggest and most liquid companies of the eurozone countries across all important sectors. Among the most important companies are e.g. Total (oil and natural gas), Linde (chemical industry), ASML, SAP (IT), LVMH, L’Oreal (consumer goods), Sanofi (healthcare), Siemens (industrial goods and services). This extensive diversification across the sectors can bring a positive potential.|
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