Ancoria 3-Year SEK Autocall 6.00% Fund

Year 1-2: If on any Autocall Observation Date, both the OMX Stockholm 30 and the S&P 500 close at or above the Autocall Barrier, the Fund will redeem early and policy holders will receive 100% of their capital plus 6% coupon for every year since the Fund Start Date, less management fee. 

At maturity, Year 3: Both the return and capital guarantee will depend on the closing levels of the OMX Stockholm 30 and the S&P 500 on the Final Observation Date.

More specifically, if

• Both indices close at or above their Initial Level, policyholders will receive a total return of 18% (6% per annum) plus 100% of the capital less management fee.

• Any index closes below the Initial Level and both close at or above their Capital Protection Barrier, policyholders will receive 100% of the capital less management fee. 

• Any index closes below its Capital Protection Barrier, policyholders will receive their capital reduced by the performance of the worst performing index and the management fee.

• have a neutral to slightly positive outlook for the performance of the OMX Stockholm 30 and the S&P 500 and do not expect a price drop of more than 35% after 3 years  (at maturity). 

• aim for an attractive conditional coupon. 

• are looking for an investment linked with the Swedish and the US equity markets. 

• can accept a holding period of up to 3 years.