The range of investment instruments issued by Banca IMI is further expanded, thanks to 8 new Cash Collect Certificates listed on the SeDeX market of Borsa Italiana starting today 24 October 2017. The certificates offer the investor the possibility of obtaining returns in situations of stability, rise or limited fall of the underlying financial asset with a short-term time horizon.
The new Banca IMI Cash Collect Certificates are Conditionally Capital Protected Investment Certificates which have the peculiarity of paying the investor unconditional fixed premiums in the first 3 months and conditional monthly premiums during the remaining life of the Certificate.
In particular, all Cash Collect certificates listed on 24 October have the following characteristics: issue price equal to 100 Euros, duration of 12 months and barrier observed only on maturity; provide for the payment of 3 unconditional fixed premiums for the first 3 months of November 2017, December 2017 and January 2018 regardless of the performance of the underlying share and 9 conditional premiums for the remaining 9 months: in order for the conditional premium to be paid, it is sufficient that the underlying on the relevant valuation dates has a value greater than or equal to the Barrier Level. For this reason, even in the event of slight declines in the underlying share, the yield of the Certificate is positive.
