Structured product issued by SG Issuer, eligible for numerous life insurance contracts, notably with SPIRICA (Linxea Spirit 2) or SURAVENIR (PREVI-HORIZONS), Generali Vie (Cashbee+). This structured product does not guarantee the capital, but it can only partially protect it. The concept of guaranteed capital cannot therefore be used to describe this product. The performance target is not guaranteed.
This structured product anticipates a rise in the financial markets and not a fall. In the event of a market decline, the investor has a high probability of losing half of his capital. This financial product has no entry fees, no management fees and no exit fees.
- Earning target: 10% gross / year, not guaranteed,
- Initial recognition date: 10/31/2022,
- Gain target: 0.0274% per calendar day elapsed (i.e. 10% gross per year),
- Yield protection: -30%
- Capital protection: -50%
- Reminder frequency: Daily after one year
- Underlying index: iSTOXX ® France ESG 40 Decrement 50
- ISIN: FRSG00012T50
- Minimum investment: €1,000
The investor is exposed to the equity market through exposure to the iSTOXX® France ESG 40 Decrement 50 index (ISIN code: CH1160682667). Reimbursement of the “REQUIREMENT 16” product is conditional on the evolution of this index calculated by reinvesting the gross dividends detached by the shares that compose it and by subtracting a fixed and constant levy of 50 index points per year. If the index falls by more than 50% on the final recognition date, the investor suffers a capital loss equal to the entire fall recorded by this index. In order to benefit from a reimbursement of the capital in the event of a fall of less than 50% (inclusive) of the index on the final recognition date, the investor agrees to limit his gains in the event of a sharp rise in the equity market (Rate Maximum Gross Annual Return of 9.80%, which corresponds to a Net Annual Rate of Return of 8.70%)
REQUIREMENT 16 is issued by SG ISSUER. The underlying of this structured product is the iSTOXX® France ESG 40 Decrement 50 index (Bloomberg code: ISXFREDP Index) calculated by reinvesting the gross dividends detached by the shares that compose it and subtracting a deduction fo. The subscription period for REQUIREMENT 16 ends on 31/10/2022 (the subscription end dates may vary depending on the financial intermediaries). Its Synthetic Risk Indicator is 5/7. List of insurers offering REQUIREMENT 16 on their contracts: SPIRICA, SURAVENIR.
|Structured Product REQUIREMENT 16|
|Trade name||REQUIREMENT 16|
|Par value of one share||1000.00 €|
|Subscription info||The iSTOXX ® France ESG 40 Decrement 50 index (Bloomberg code: ISXFREDP) is an equity market index created by STOXX Limited whose quotation is calculated, updated and published in real time by STOXX Limited. The investment universe of the index is the French companies of the EURO STOXX Total Market ESG X 1 index not involved in unconventional oil and gas activities Among the 120 largest market capitalisations, the index selects the 60 companies best rated in terms of ESG risk management by Sustainalytics It retains the 40 largest market capitalizations and weights them according to their market capitalization. The iSTOXX ® France ESG 40 Decrement 50 index is calculated by reinvesting the gross dividends detached by the shares that compose it and by subtracting a flat-rate levy of 50 index points per year If the dividends distributed are lower (respectively higher) than the level flat-rate levy, the performance of the index will be penalized (respectively improved) compared to a standard non-reinvested dividend index.|
|Synthetic Risk Indicator (7 = maximum risk)||⚠️ 5 / 7|
Still 39 days before the end of the subscription period for this structured product.
|Recommended investment period||10 years|
|Underlying financial asset||iSTOXX® France ESG 40 Decrement 50 index (Bloomberg code: ISXFREDP Index) calculated by reinvesting the gross dividends detached by the shares that compose it and subtracting a deduction fo|
|Daily observation of the closing price of the index between October 31, 2023 (inclusive) and November 01, 2032 (exclusive). A gain of 0.0274% per calendar day elapsed between the initial recognition date (included) and the daily recognition date (excluded), i.e. 10.00% per year (maximum Gross Annual Rate of Return of 9.80%, which corresponds to a Net Annual Rate of Return of 8.70%)Insurers offering REQUIREMENT 16 in unit-linked form on part of their life insurance policies||(1)|
It is imperative to take all of the financial documentation (in particular the unfavorable scenario) before subscribing to a structured product.(1)
: non-exhaustive list of market offers. List given as an indication.
Earning target: 10% gross
The expected return is 10%, depending on the terms and conditions of application of this structured fund. This is a goal and not a guaranteed return.
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- Structured product, a risky investment.
Structured products are debt securities presenting a risk of partial or total capital loss during their lifetime and at maturity.
Structured products are not suitable for older investors (over 70, non-compliance with their investor profile) or wishing to exit before the product matures.
Investors’ attention is drawn to the fact that by investing in debt securities they take on a credit risk on the Issuer and on the Guarantor of the formula. You bear the possible risk of default and bankruptcy of the issuer as well as the risk of default, bankruptcy and resolution of the formula.
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