This is a 6 year product paying in Euro issued by Banca Aletti Spa. It is Express Certificate Plus linked to the performance of IBEX-35 Index from 6/30/2016 to the last observation date 6/17/2022 and will be monitored at annual periods. The product will mature early if on any annual 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 6.5% (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 39% 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 IBEX Index 6.5 - 17.06.2022
Key Investment Document (KID)
The product has matured at 6/20/2017. Investing in this product at issue price would have resulted in a total return of 6.50%
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