Ancoria 5-Year SEK Autocall 6.25% Fund

UNIT PRICE 106.95	CURRENCY SEK	1 WEEK 2.16%	1 MONTH 9.83%	VALUATION DATE 22 Feb 2019
	CHANGE CURRENCY TRADE CURRENCY TRADE CURRENCY1 BASE CURRENCY2 SEK3 USD4 EUR5

Overview
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Fund Info
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Closed for subscription

Objective of the fund

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 Société Générale, BNP Paribas, NATIXIS, HSBC Bank and EFG International AG.
It has a maturity of 5 years and provides conditional capital protection under the circumstances described in the Particular Fund Conditions.

This is how it works:

For the first four years, the Fund has an early redemption feature whereby, depending on the performance of the OMX Stockholm 30 Index on each annual Autocall Observation Date, the Fund may redeem early and policyholders will receive 100% of their premium invested (less any early surrenders), plus a Conditional Coupon of 6.25% per year.

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:

At or above the Initial Level, policyholders will receive a total return of 31.25% (6.25% 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 be fully exposed to the performance of the OMX Stockholm 30 Index.

The expected payoff is illustrated in the diagram below:

The fund is suitable for the investor that:

Has a neutral to slightly positive outlook for the performance of the OMX Stockholm 30 Index who do not expect a price drop of more than 35% in 5 years time
Aims for an attractive conditional coupon
Is looking for an investment linked with the Swedish equity market
Can accept a holding period of up to 5 years

Risk information

Policyholders whose base currency is different to the currency of the fund (SEK) will be subject to currency risk
Policyholders face the possibility of losing a significant portion of the principal amount invested if at maturity the Underlying Index drops more than 35% from the Initial Level
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
Should the Fund be redeemed early policyholders have no right to future Coupon payments
If an issuer 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 some of their initial investment.

Bank	Account number	IBAN number	Swift code
Bank of Cyprus	0155-40-588306	CY40 0020 0155 0000 0040 5883 0623	BCYPCY2N

Credit Suisse	0251-103482-02-1	CH57 0486 6010 3482 0200 1	CRESCHZHXXX

Bank	Account number	IBAN number	Swift code
Ancoria Bank	0012533101016	CY94029001010000012533101016	ANCOCY2N

Alpha Bank Cyprus Ltd	202-106-057049-9	CY80009002020002021060570499	ABKLCY2N

Bank of Cyprus	011102002506	CY11 0020 0111 0000 0002 0025 0600	BCYPCY2N

Credit Suisse	0251-103482-02-138	CH44 0486 6010 3482 0213 8	CRESCHZHXXX

Eurobank Cyprus	200-10-02683-50	CY55 0180 0008 0000 2001 0026 8350	ERBKCY2N

Hellenic Bank	190-01-571601-01	CY32 0050 0190 0001 9001 5716 0101	HEBACY2N

Bank	Account number	IBAN number	Swift code
Credit Suisse	0251-103482-02-3	CH03 0486 6010 3482 0200 3	CRESCHZHXXX

Bank	Account number	IBAN number	Swift code
Bank of Cyprus	357006750732	CY82 0020 0195 0000 3570 0675 0732	BCYPCY2N

Credit Suisse	0251-103482-02-124	CH34 0486 6010 3482 0212 4	CRESCHZHXXX

Bank	Account number	IBAN number	Swift code
Credit Suisse	0251-103482-01	CH21 0486 6010 3482 0100 0	CRESCHZHXXX