This is a 5 year product paying in Euro issued by Banca Aletti Spa. It is Express Certificate Plus linked to the performance of EURO STOXX 50 Index from 11/30/2016 to the last observation date 11/19/2021 and will be monitored at annual periods. The product will pay 2 additional 3.2% unconditional coupon(s) , paid prior to early redemption periods . The product will mature early if on any annual date, from period 3, the worst performing underlying is at or above 100% of its initial level (on the relevant date). In this case the product will repay the initial investment plus a coupon of 6.4% and 12.8% (on the relevant date when the autocall is triggered). If the product runs to maturity, it will repay the initial investment plus a coupon of 19.2% so long as the worst performing underlying is at or above 100% . If the European protection barrier of 80% has not been breached, the nominal value will be paid, otherwise the product will repay the initial investment less any negative worst performing underlying measured over the term of the product
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ALETTI Autocallable Step Plus SX5E Index 3.2 - 19.11.2021
Key Investment Document (KID)
The product has matured at 11/19/2019. Investing in this product at issue price would have resulted in a total return of 6.40%
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