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Structured Fund

Ancoria 5-Year EUR Autocall 1% Plus 4% Fund

Unit price

108.00

Currency

EUR

1 week

-0.92%

1 month

-0.23%

Valuation date

23 Dec 2019

Called/Autocalled



Overview

The Ancoria 5-Year EUR Autocall 1% Plus 4% Fund ("the Fund") offers policyholders the opportunity to earn an annual return up to 5% depending on the performance of the Euro Stoxx 50 Index ("the Index"). Initial capital is subject to a loss only if the Index drops more than 35% from its Initial Level (3570.57) on the Final Observation Date (05/12/2022) at maturity.


  • Has a neutral to slightly positive outlook on the performance of the Euro Stoxx 50 Index 
  • Does not expect the Euro Stoxx 50 Index to drop more than 35% from its Initial Levels at maturity 
  • Aims for a minimum fixed coupon plus an attractive conditional bonus coupon 
  • Is looking for an investment linked to Eurozone’s leading Blue-chip equity index 
  • Can accept a holding period of up to 5 years 

 


Performance

Past performance is no guarantee of future performance. Performance data provided is based upon NAV net of management fees. Performance figures are presented in the currencies available for trading in the Fund and they have been converted where relevant, from the Fund's base currency. Investors should be aware of the impact of exchange rate fluctuations in the NAV of the Fund. Any additional charges that may apply from time to time are excluded from the calculation.

 

Key Facts

Category

Structured Fund

Term

5 years

Status

Called/Autocalled

Underlying

EURO STOXX 50 Index

Issuer

Goldman Sachs International; Natixis Structured Issuance SA; EFG International Finance (Guernsey) Ltd; SG Issuer; Crédit Agricole CIB

Trade currency

EUR

Fund start date

06/12/2017

Date called

23/12/2019

Strike level

3,570.570

Strike date

05/12/2017

Capital protection

Conditional

Capital protection barrier type

Terminal

Capital protection barrier level

2,320.880

Initial unit price

100 EUR

Coupon

1.00% per annum

Coupon frequency

Annually

Coupon type

Fixed

Coupon payment dates

27/12/2018, 23/12/2019,
23/12/2020, 23/12/2021,
23/12/2022 

Autocall observation dates

05/12/2018, 05/12/2019,
07/12/2020, 06/12/2021 

Autocall payment dates

27/12/2018, 23/12/2019,
23/12/2020, 23/12/2021 

Final observation date

05/12/2022

Redemption date

23/12/2022

Redemption at maturity
Maturity type

Autocall

Guarantor

Goldman Sachs International; Natixis; EFG International AG; Société Générale; Crédit Agricole CIB

Bonus coupon barrier level

3,570.570

Bonus coupon

4.00% per annum

Bonus coupon frequency

Annually

Bonus coupon type

Conditional/Memory

Bonus coupon observation dates

05/12/2018, 05/12/2019,
07/12/2020, 06/12/2021,
05/12/2022 

Bonus coupon payment dates

27/12/2018, 23/12/2019,
23/12/2020, 23/12/2021,
23/12/2022 

Final subscription date

28/12/2017

Payment details
Payment reference

Your policy number and the fund name

Entry fee

0 %

Early surrender fee

0 %

Management fee

0 %

Performance fee

0 %

Portfolio

Last updated: : 29/11/2019

Structured Products

100%

Documents


Risk information

  • Policyholders face the possibility of losing a significant portion of the principal amount invested if at maturity the Index drops more than 35% from the Initial Level
  • If any of the five issuers and/or their Guarantors (if any) default or become insolvent, the initial investment and any future Coupon payments may be at risk and policyholders could lose some of their initial investment
  • Policyholders whose base currency is different to the currency of the Fund will be subject to currency risk
  • Policyholders who need access to all or some of their initial investment before the termination of the Fund, may risk receiving less than their initial investment, subject to market conditions and exit fees