RICI® EnhancedSM Aluminum TR ETC
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General Objective
The objective of this fund is to provide investors with a predetermined claim under specified conditions. The product has no fixed term and can be exercised at any redemption date by submitting a written declaration within the redemption period.
Fund Exposure
This fund is exposed to the RICI® EnhancedSM Aluminium TR Index as its underlying asset. The fund is denominated in EUR and the reference price is determined by The Royal Bank of Scotland plc. The fund's exposure is focused on the performance of the aluminum sector.
Risks
While the product is secured in terms of credit risk, it does not offer any capital protection. The redemption amount is subject to daily adjustments based on the reference price and the management fee. Additionally, the issuer has the right to adjust or terminate the product in case of certain extraordinary events related to the underlying asset.