Structured products are investment products where the return is linked to an underlying asset with pre-defined features like maturity date, coupon date and capital protection level. A structured product can be seen as a product package using three main components: a bond, one or more underlying assets and the financial instruments linked to these underlying assets.
An example of a structured product involves the investor giving up the potential upside exposure to the underlying asset in exchange for an enhanced coupon that can be either guaranteed or conditional. The investor is not exposed to the downside exposure, unless the underlying asset breaks through a predefined barrier set at the inception of the product. Other risks include issuer risk, liquidity risk, exposure to the performance of the underlying asset, exchange rate risk etc.
Ancoria Insurance offers Structured Funds that invest in structured products issued and guaranteed by at least five different highly ranked financial institutions, to reduce issuer risk.
Ancoria 3-Year SEK Autocall 7.5% Fund- Launched in July and subscribed in full!
The Fund gives policyholders the opportunity to earn an attractive gross return of 7.5% per annum with a yearly early redemption feature as well as conditional capital guarantee at maturity, depending on the performance of the OMX Stockholm 30 Index.
The Fund was launched following the early redemption of Ancoria 3-Year SEK Autocall 7% Fund which was autocalled in June, two years after its start date, providing clients who invested in the Fund a gross return of 14%.
Ancoria 4-Year EUR Autocall 7.2% Fund– Next Autocall observation date 17.07.2026
The next autocall observation date for the Fund is on the 17th of July 2026. If on that date the closing level of the underlying index (EURO STOXX 50) is at or above the initial (strike) level, the Fund will be autocalled and on the autocall payment date investors will receive back their initial investment plus a 7.2% coupon (gross).
In the likely event that that the fund gets autocalled, market conditions permitting, we may launch a similar Fund in EUR, so stay tuned.