Erste Group Turbo long CEZ Open end

ISIN: AT0000A2N423 WKN: EB03SV

 
2024/03/01 15:35:25
Bid Ask
58.16 58.57
Minimum yield -
Difference 0.60%(0.35)
General attributes
IssuerErste Group Bank AG
Product typeTurbo long/short
Long/ Shortlong
UnderlyingCEZ
Underlying ISINCZ0005112300
Underlying stock exchangePRS
Price underlying804.00 CZK
Date2024/03/01 15:24:02
Strike225.713 CZK
Strike distance in %71.93%
Barrier275.713 CZK
Barrier in %-
Barrier distance528.29 CZK
Barrier distance in %65.71%
Knocked outno
Pay back value-
Leverage1.37
Multiplier0.1000
Issue date2021/01/25
Start price product16.90
MaturityOpen end
First trading day2021/01/25
Last trading dayOpen end
Quantono
CurrencyCZK
Capital gains taxno
EU withholding taxno
since inception


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
  • Your return potential is disproportionately high due to low capital investment and the leverage effect.
  • With a turbo long you profit from rising underlying prices, with a turbo short from falling prices.              
  • The time value and the volatility of the underlying have almost no influence on the price of the turbo.
  • Turbos have transparent prices.
  • 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 type of underlying asset.
  •  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 the possible loss, which is ilustrated by performance scenarios, see Key Information Document (KID).
  •  Are interested in holding the product until the maturity specified in General attributes.

    This investment product is not intended for investors (negative product target market), who: 

  •  do not have sufficient knowledge regarding structured investment instruments and the type of underlying asset
  • are unable to bear the loss of invested funds indicated in the Key Information Document (KID) in the event of an unfavorable development of the investment

    The client's compatibility with the product's target market will be evaluated during the purchase process.
    --------------------------------------

  • The leverage effect can lead to disproportionate losses. There is no capital guarantee, and a total loss of the invested capital is possible.
  • If this product is not secured against a currency risk, the performance of the product is affected by the positive or negative trend of the exchange rate between the product’s currency (CZK) and the currency in which the underlying asset is traded. If CZK strengthens, the price falls and if CZK weakens the price rises.
  • Investors bear the credit risk of the issuer.
  • Investors are exposed to the risk that Erste Group Bank AG may not be able to meet its obligations in the event of insolvency.
  • There is a possibility of a total loss of the capital invested
  • This security is not covered by any deposit insurance scheme.

  • Secondary market
    During the term it is possible to sell the product during the trading hours at the exchanges, where the product is listed.

    The settlement at maturity of the certificate will realize within 7 working days.
    The settlement at knock-out of the certificate will realize within 7 working days.


     
    Disclaimer
    You will get more details of advantages, risks and other significant circumstances related to Certificates at the branches of Česká spořitelna. Information about previous performance does not guarantee future performance. The information sources used are generally regarded as reliable, although Česká spořitelna cannot guarantee the correctness and completeness of the information contained therein. The aim of this material 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 contained in this material is of informative nature only. Before using the material for investment, a specialized consultant should be contacted.