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Unit price
97.51
Currency
SEK
1 week
-0.11%
1 month
0.29%
Valuation date
10 Jul 2020
Overview
The Fund aims to pay an attractive conditional coupon as well as to offer an early redemption feature determined by the performance of the OMX Stockholm 30 Index. The Fund will invest in structured notes issued by Goldman Sachs Finance Corp International Ltd, Morgan Stanley B.V., BBVA Global Markets B.V., BNP Paribas Issuance B.V., UBS AG. It has a maturity of 5 years and provides conditional capital protection under the circumstances described in the Particular Fund Conditions.
The Fund offers an annual early redemption feature until year 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 policyholders will receive 100% of their capital, plus 6.75% coupon less management fee for every year since the Fund Start Date.
At maturity provided that the Fund is not earlier redeemed, 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 closing level is:
The expected payoff is illustrated in the diagram below:
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.
Structured Fund
5 years
Closed for subscription
OMX Stockholm 30 Index
UBS AG; BNP Paribas Issuance BV; Goldman Sachs Finance Corp International Ltd; Morgan Stanley BV; BBVA Global Markets BV
02/12/2019
1,730.254
29/11/2019
Conditional
Terminal
1,124.670
100 SEK
30/11/2020, 29/11/2021,29/11/2022, 29/11/2023
16/12/2020, 16/12/2021,16/12/2022, 18/12/2023
29/11/2024
16/12/2024
See conditions
Autocall
UBS AG; BNP Paribas; The Goldman Sachs Group, Inc.; Morgan Stanley; BBVA SA
6.75% per annum
Annually
Conditional/Memory
30/11/2020, 29/11/2021,29/11/2022, 29/11/2023,29/11/2024
16/12/2020, 16/12/2021,16/12/2022, 18/12/2023,16/12/2024
31/12/2019
How to invest
Your policy number and the fund name
0 %
1 %
0.5 %
100%
Policyholders whose base currency is different to the currency of the Fund (SEK) will be subject to currency risk If at maturity the OMX Stockholm 30 Index drops more than 35% from the Initial Level, policyholders face the possibility of losing a substantial part or the total amount of their initial investment 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 early surrender fee Should the Fund be redeemed early, policyholders have no right to future Coupon payments If any of the issuers and/or its Guarantor (if any) defaults or becomes insolvent, the initial investment and any future Coupon payments may be at risk and policyholders could lose a substantial part or the total amount of their initial investment