3,5 % Kathrein Bonus Certificate

Inflation and the ongoing low interest rates in the bond universe pose significant challenges for investors. As a result of this devaluation, investors suffered losses to the tune of about 40 billion euros in Germany alone.

The search for profitable investment options has become rather complex. While investments in stocks make for a good alternative, many investors remain skeptical of this type of investment due to its higher level of market risk.

For this reason, Raiffeisen Centrobank (RCB) has created a sophisticated investment product for Kathrein which combines a higher degree of security with attractive potential for return. In combination with the existing selection of Kathrein funds, it offers another option for portfolio diversification.

Since this investment vehicle might also be of interest to you, we would like to take this opportunity to introduce it to you:

3,5 % Kathrein Bonus Certificate

What is a certificate?
Investment certificates are debt obligations securitizing the price movement of the underlying instruments (such as stocks, indices or commodities) without directly investing in those instruments. Those products are not riskier than a direct investment into those underlying instruments.

What are the underlying instruments?
The 3.5% Kathrein Bonus Certificate tracks two renowned European stock indices, the European stock benchmark EURO STOXX 50® and the Austrian key index ATX®.

What about duration, return and protection?
The certificate has a 5 -year duration and combines an annual fixed interest rate of 3.5% p.a. with an initial 45% safety threshold without capital guarantee.

What are the benefits of a Kathrein Bonus Certificate?
Bonus certificates show their strength in flat markets. With the safety threshold, investors have the opportunity to earn attractive returns even when prices decline. Only when the 45% safety threshold is breached are investors exposed to market risk.

Who is this product suitable for?
Investors anticipating a stable economic performance in Europa and Austria over the next 5 years and seeing price declines of 45% as an unlikely scenario can use those certificates to invest in line with their view of the market.

Where can I get additional information?
The enclosed product folder contains the product terms including without limitation the terms of repayment and the application of the above-mentioned safety threshold. Your personal private banker will be happy to give you more detailed information upon request.
DISCLAIMER: The content of this document is marketing information according to the Austrian Securities Supervision Act (WAG - Wertpapieraufsichtsgesetz) and is for information only. The content provided is therefore not subject to the rules of the WAG which govern the dissemination of financial analyses. Although we believe that all analyses as well as forecasts made in this report are based on information and opinions of reliable sources from third-party suppliers, we do not assume and hereby expressly exclude any liability for the correctness, completeness and timeliness of the information contained herein.

The information and analyses herein are general in nature and do not take into account the individual needs of our investors in terms of earnings objectives, tax-situation or risk appetite. The content of this publication shall not be considered a solicitation, recommendation or an offer to buy or sell any type of investment instrument under Austrian capital market laws or under capital market laws of other jurisdictions. All concrete investment decisions should be undertaken with an advisor and should not be based solely on this marketing information.

Past performance is not a reliable indicator of the future performance of an investment. Additional costs, such as cost of purchase, if included, would lower the performance. Notice for investors whose domestic currencies differ from the fund currency: we want to inform you that the yield may rise or fall due to currency fluctuations. Please bear in mind that investments in funds bring opportunities as well as risks. The value of and the return on an investment can rise or fall.
Kathrein does not act as tax advisor and hereby expressly excludes any liability for fiscal disadvantages. Taxation of capital gains depends on the personal circumstances of the investor and is subject to change.

This product is subject to the base prospectus authorized by the Austrian Financial Market Authority FMA, including all supplements and amendments. It is accessible atwww.rcb.at/wertpapierprospekte and contains the risks and terms of this product (financial instrument) © Kathrein Privatbank Aktiengesellschaft, Wipplingerstraße 25, 1010 Vienna, Commercial Court Vienna, FN 144838