Prémiový dluhový cenný papír E-COMMERCE AUTOCALL
|Type of bond||Structured bonds and notes|
|Issuer type||financial institution|
|Country of issue||DE|
|Coupon payment date||2024/02/02|
|Coupon payment period||at maturity|
|Yield to maturity p.a. (before capital gains tax)||168.04|
|Capital gains tax||-|
Performance since inception. Performances under 12 month have only little informative value because of the short maturity. Information about previous performance does not guarantee future performance.
Source: Česká spořitelna, a. s.
|Advantages||Details you should be aware of|
What does PDCP E-COMMERCE AUTOCALL 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:
* have sufficient knowledge and/or experience regarding structured products and shares.
* seek investment profit
* are able to accept a level of risk that is in accordance with the risk indicator of the product specified in General attributes.
* In the event of an unfavorable development of the investment, they are able to bear loss up to the amount corresponding to the product's risk indicator specified in General attributes.
* are interested in holding the product until the maturity specified in General attributes.
PDCP E-COMMERCE AUTOCALL with the option of automatic early repayment provides the opportunity to gain an attractive annual yield of 8% (see Note). The total yield for its three-year duration can then reach up to 24%.
The payout of the yield and the nominal value of PDCP E-COMMERCE AUTOCALL is based on the price trend of shares of three important companies the activity of which focuses on the offer of goods and advertising on the internet – Amazon, Alibaba and eBay. In addition, the construction of PDCP E-COMMERCE AUTOCALL allows its early repayment and payout of an attractive yield in case of a slight decrease or stagnation of the underlying assets. The product may end already after the first year and subsequently each year for its duration until the maturity date.
Issuer: Goldman, Sachs & Co. Wertpapier GmbH
Guarantor: The Goldman Sachs Group, Inc. (S&P's BBB+ / Moody's A3 / Fitch A)
Underlying shares: Amazon.com, Inc., Alibaba Group Holding Limited and eBay Inc.
Subscription period: 5 January 2021 (9.00)–26 January 2021 (16.00)
For more information see the leaflet
How does PDCP E-COMMERCE AUTOCALL work?
You will find more information and the examples in the leaflet
Note: PDCP E-COMMERCE AUTOCALL pays out potential yields in a lump sum at its early or regular maturity date, the consolidated interest is not claimed.
Note 2: Product risk weight is on a scale of 1 to 7 from a potentially lower risk and yield of 1 to a potentially higher risk and yield of 7, assuming that you will keep the product until its maturity date. The real risk may significantly differ in case you sell the product prematurely. The product risk weight is a guide for a comparison of the risk rate of this product compared with other products. It shows how likely it is that you can lose money as a consequence of movements on the markets, or because the issuer will be unable to pay the money.
Note 3: You will find the precise expression of product costs in the PDCP E-COMMERCE AUTOCALL Subscription Instruction
|In the period before maturity, the bond price can fluctuate above and below the bond face value depending on the development of the interest rate and underlying asset. A bond can ben sold even before the maturity date, for the price pursuant to the pricelist of the issuer. Our consultants will give you detail information on the advantages and risks of investment in bonds. The information sources used are generally regarded as reliable, although Česká spořitelna and Erste Group Bank AG cannot guarantee the correctness and completeness of the information contained therein. The aim of this web page is to give information on the services and products contained therein; it is not a binding proposal establishing any rights and obligations for participants. All information you can find here is of informative nature only. Before using the web page for investment, a specialized Česká spořitelna consultant should be consulted.|