This is a 3 year product paying in Euro issued by Banca Aletti Spa. It is Express Certificate Plus linked to the performance of SNAM S.p.A. from 02/19/2015 to the last observation date 02/26/2018 and will be monitored at semiannual periods. The product will mature early if on any semiannual date, from period 1, 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 3.75%, 7.5%, 11.25%, 15% and 18.75% (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 22.5% so long as the worst performing underlying is at or above 70% . If the European protection barrier of 70% 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 SRG 3.75 - 26.02.2018
Key Investment Document (KID)
The product has matured at 2/26/2016. Investing in this product at issue price would have resulted in a total return of 7.48%
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