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Erste Group Index certificate Austria Top 10 Open end


ISIN:
AT0000A2TWN3
WKN:
EB05PE

2022/12/02 15:10:18
Bid Ask
9.97 10.07
Difference -0.35% (-0.04)

General attributes

IssuerErste Group Bank AG
Product typeIndex/Participation Certificates
CurrencyEUR
UnderlyingAustria Top 10
Price underlying1,009.15 EUR
Date2022/12/02 14:56:33
MaturityOpen end
Multiplier0.0100000
Management fee1.00%
Management factor0.9900

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Final termsPDF Download
Key Information DocumentPDF Download




Performance since inception. Performances under 12 month have only little informative value because of the short maturity. Information about previous performance does not guarantee future performance.
Source: Erste Group Bank AG
Advantages Risks you should be aware of
  • Investment in the Top 10 Austrian shares recommended by Erste Group Research with just one product
  • 1:1 participation on the performance of the Solactive ERSTE Future Austria Top 10 Index
  • Interesting fee structure
  • Erste Group Bank AG will set quotes for this product during the term, nevertheless, is not obliged to it.
  • An index certificate can never outperform the underlying.
  • Falling markets translate into losses for index certificates.
  • There is no capital guarantee.
  • Investors bear the risk of the issuer Erste Group Bank AG (default risk).
  • This index certificate is not covered by any deposit guarantee scheme. Investors are exposed to the risk that Erste Group Bank AG may not be able to meet its obligations arising from the index certificate in the event of insolvency or over-indebtedness or from an official order (bail-in regime). A total loss of invested capital is possible.

Secondary market

From the value date onwards the certificates can be traded on each stock exchange day between 9:00 and 20:00. However, Erste Group Bank AG cannot guarantee the existence or maintenance of an active market throughout the entire life of the certificate. The issuer will, as a rule, continuously quote prices, but is not obligated to do so. Neither is the issuer obligated to redeem the certificates. During the life of the certificate its price will be significantly determined by the general development of interest rates, the fluctuations on the capital market, and the general economic scenario.

2022/12/02 15:10:18
Bid Ask
9.97 10.07
Difference -0.35% (-0.04)

General attributes

IssuerErste Group Bank AG
Product typeIndex/Participation Certificates
Stock exchangeVIE, STU
UnderlyingAustria Top 10
Underlying ISINDE000SL0ES81
Underlying stock exchangeSTU
Underlying currencyEUR
Multiplier0.0100000
Issue date2021/11/29
Issue price11.56
MaturityOpen end
First trading day2021/11/29
Last trading dayOpen end
Quantono
CurrencyEUR
Management fee1.00%
Management factor0.9900

Index/Participation Certificates | Description

With this Erste Group index certificate investors directly participate on the performance of the underlying instrument, Solactive ERSTE Austria Top 10 Index. This index contains up to 10 Austrian shares that have been given a recommendation by the analysts of Erste Group Research. The composition of the index is dynamic and is regularly adapted to the current recommendations of the Erste Group Research. 
 
The certificate has an unlimited term and is suitable for long-time investment. With a management fee of 1 % p.a. the cost structure is interesting. The certificate is exchange traded.
 
The index certificate is based on the Solactive ERSTE Austria Top 10 Index NTR. The index comprises up to 10 Austrian companies that are positively assessed by Erste Group research. For this purpose, the shares are first ranked according to the strength of the recommendation (“buy / accumulate / hold”) and then selected according to their market capitalization for the index. New index constituents must have a market capitalization of at least EUR 750 million. The composition of the index is checked and recalculated on a quarterly basis ("rebalancing"). Shares that qualify for the index are equally weighted in the index, whereby one index constituent must not exceed 10% of the index. If less than 10 shares qualify for the index, the remaining investment is parked in the money market.
 
Details on the index can be found on the website of the index provider Solactive AG: https://www.solactive.com/indices/?index=DE000SL0ES81

Price information

Today open10.02
Today high10.10
Today low9.97
Close (previous day)10.06
Spread in %0.99 %
Spread absolute0.10
Spread harmonised10.00
High price (52 weeks)12.30
Low price (52 weeks)8.06

Performance

Performance YTD in %-12.75%
Performance 1 month in %+9.83%
Performance 6 months in %-3.18%
Performance 1 year in %-11.88%
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-12.80%


2022/12/02 15:10:18
Bid Ask
9.97 10.07
Difference -0.35% (-0.04)

Date: 2022/12/02 14:56:33
Underlying Quote
1,009.15 EUR
Difference -0.06% (-0.60)

General attributes underlying

NameAustria Top 10
ISIN-
Stock exchange (underlying)STU
Currency (underlying)EUR
Start value underlying1,156.3800
Price1,009.15
Time22/12/02 - 14:56:33
Change in %-0.06%
Today high1,015.02
Today low1,002.50
High price (52 weeks)1,229.88
Low price (52 weeks)807.93


Information about previous performance does not guarantee future performance.
Source: FactSet


Notice on chart (only applicable for future as underlying)

The chart displays the performance of the future currently serving as underlying. The underlying changes monthly or quarterly, as shortly before the future expires there is a roll-over in the next due future. Therefore, the price history in the chart solely represents the current future underlying. Please note the additional information for ISINs AT0000A0CNC5 and AT0000A0CND3 in the product news.


Know-How

In our know-how area you can find all relevant details on the different types of certificates. The tutorial gives you selected information about the functionality of structured products and assists you in making your investment decision. In our glossary we explain the most important keywords and within the FAQ section you can find answers to the most common questions concerning this topic.

Contact

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INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

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By agreeing to this hereto, the Interested Party confirms that
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(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.