Ancoria 3-Yr EUR Autocall Guaranteed Coupon 3.25% p.a.

Coupon: The Fund pays policyholders a guaranteed annual coupon of 3.25% (net) for a maximum period of three years, irrespective of the performance of the Underlying Index (Euro Stoxx 50 Index). 

Year 1 -Year 2: If on any Autocall Observation Date the Underlying Index closes at or above the Autocall Barrier (Initial Level), the Fund will redeem early and policyholders will receive 100% of their capital.

At maturity (end of Year 3): The Fund provides conditional capital guarantee based on the level of the Underlying Index on the Final Observation Date. More specifically if the index level is:
•    At or above the Capital Protection Barrier (60% of Initial Level), policyholders will receive 100% of their capital.
•    Below the Capital Protection Barrier, policyholders will receive their capital reduced by the performance of the Underlying Index.
 

• Have a neutral to slightly positive outlook for the performance of the Euro Stoxx 50 Index who do not expect a price drop of more than 40% after 3 years (at maturity).
• aim for an attractive guaranteed coupon. 
• are looking for an investment linked with Eurozone’s leading Blue-chip equity index. 
• can accept a holding period of up to 3 years.