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

UNIT PRICE
92.10
CURRENCY
EUR
1 WEEK
  -2.03%
1 MONTH
  -2.36%
VALUATION DATE
07 Dec 2018
CHANGE CURRENCY 


Closed for subscription


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.


This is how it works:

Year 1 - 4: Policyholders invested in the Fund will receive a fixed annual coupon of 1%. Furthermore, if on any yearly observation date the Index closes at or above its Initial Level (3570.57), the Fund will be redeemed and policyholders will receive their initial capital plus an additional bonus coupon of 4% per annum for each year elapsed since the start of the Fund.

 

At maturity, Year 5: Unless the Fund is earlier redeemed, the amount paid at maturity will depend on the Final Level of the Index. More specifically:

  • If the Final Level of the Index is at or above the Initial Level (3570.57), policyholders will receive a total coupon of 21% plus 100% of their initial capital. 
  • If the Final Level of the Index is below the Initial Level (3570.57) but at or above the Capital Protection Barrier (2320.88), policyholders will receive a coupon of 1% plus 100% of their initial capital. 
  • If the Final Level of the Index is below the Capital Protection Barrier (2320.88), policyholders will receive a coupon of 1% plus their initial capital reduced by the negative performance of the Index. 

 

Fund Payoff Illustration


The fund is suitable for the investor 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 

 


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 

 




ABOUT US
Ancoria is an established Insurance Company, founded in 1987. The Company services the saving and investment requirements of an extensive list of international clients by specialising in customised and carefully designed Life Insurance Policies that are underpinned by investment opportunities in a wide range of funds, structured products and equity trading.
CONTACT US
Customer service
Phone: +357 22 551 300
Fax: +357 22 498 592
Sweden Toll-Free Number:
0200 110 130
Ancoria Insurance
P.O. Box 23415
1683 Nicosia
Cyprus

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SOCIAL RESPONSIBILITY
At Ancoria, we believe in investing in children and their education as they are the future of this world. We thus aim to use our strength as a company to provide opportunities to gifted students from disadvantaged backgrounds.