Structured Fund

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

Unit price

Currency

1 week

1 month

Valuation date

-

Overview

Objective of the fund

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.

The fund is suitable for investors that:

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

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

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

See conditions

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

How to invest

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

Asset allocation

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

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