Our website uses cookies to enhance your user experience. If you agree to the use of cookies, click "Accept" or continue to browse our website. If you change your mind, you can delete and reject cookies at any time by changing your browser settings.
We do our best to make sure our website works on the most widely used browsers, whether you are using a desktop, tablet or mobile.
For an optimal browsing experience, we recommend you to use one of the following browsers:
Unit price
105.80
Currency
SEK
1 week
-0.07%
1 month
0.43%
Valuation date
15 Apr 2021
Overview
The fund offers policyholders the opportunity to earn an annual net return of 5.75% with a yearly automatic redemption feature depending on the performance of the OMX Stockholm 30 Index. Initial capital is subject to a loss only if at the final observation date in the year 2025 the Index drops by more than 35% from the initial level (18th of June 2020) . The Fund invests in structured notes issued and guaranteed by five different highly ranked financial institutions aiming to reduce credit risk.
Year 1-4: If on any Autocall Observation Date the OMX Stockholm 30 Index closes at or above the Autocall Barrier, the Fund will redeem early and policy holders will receive 100% of their capital plus 5.75% coupon for every year since the Fund Start Date.
At maturity, Year 5: Both the return and capital guarantee will depend on the closing level of the OMX Stockholm 30 Index on the Final Observation Date. More specifically, if the Index level is: • At or above the Initial Level, policyholders will receive a total return of 28.75% (5.75% per annum) plus 100% of the capital. • Below the Initial Level but at or above the Capital Protection Barrier, policyholders will receive 100% of the capital. • Below the Capital Protection Barrier, policyholders will receive their capital reduced by the performance of the OMX Stockholm 30 Index.
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.
5 years
Closed for subscription
OMX Stockholm 30 Index
JP Morgan Structured Products BV; BNP Paribas Issuance BV; Goldman Sachs Finance Corp International Ltd; BBVA Global Markets BV; Barclays Bank PLC
01/06/2020
1,667.926
18/06/2020
Conditional
Terminal
1,084.152
100 SEK
18/06/2021, 20/06/2022,19/06/2023, 18/06/2024
09/07/2021, 11/07/2022,10/07/2023, 07/07/2024
18/06/2025
09/07/2025
See conditions
Autocall
JP Morgan Chase Bank; BNP Paribas; The Goldman Sachs Group, Inc.; BBVA SA; Barclays Bank PLC
5.75% per annum
Annually
Conditional/Memory
18/06/2021, 20/06/2022,19/06/2023, 18/06/2024,18/06/2025
09/07/2021, 11/07/2022,10/07/2023, 09/07/2024,09/07/2025
25/06/2020
How to invest
Your policy number and the fund name
0 %
1 %
100%
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