iMaps Product

0DTE Daily Performance ETI

iMaps ETI AG • ISIN: DE000AMC0AJ1

Remarque : pour des raisons juridiques, cette page produit n’est disponible qu’en anglais.

Details

ETI Description

The 0DTE Daily Performance ETI is an Exchange Traded Instrument in the form of an Actively Managed Certificate allowing for participation in the performance of the underlying Segregated Portfolio of a wholly owned subsidiary of the issuer, which is calculated net of relevant costs and fees as further described below. The underlying Segregated Portfolio tracks the performance of a Reference Portfolio created by a Reference Portfolio Advisor.

General Information about the Reference Portfolio:

The Reference Portfolio is a notionally actively managed Reference Portfolio denominated in EUR. The portfolio composition is created and maintained by the Reference Portfolio Advisor, AI Trading Software GmbH. The Reference Portfolio aims to replicate the performance of:

Long and/or short positions in options Long positions in bonds

that are included in the iMaps Investment Universe, which consists of all financial instruments available through Interactive Brokers trading under their standard business terms. For the avoidance of doubt, up to 100% of the Reference Portfolio can comprise cash positions.

The Reference Portfolio Advisor will create the Reference Portfolio by selecting initial Reference Portfolio Components on the Issue Date with an initial level of 100 EUR (the "Initial Reference Portfolio Level"). The initial Reference Portfolio Constituents are 100% cash held in EUR. The Reference Portfolio Advisor is responsible for adjusting the composition of the Reference Portfolio (any such adjustment a "Rebalancing") from time to time, which can, for the avoidance of doubt, be executed on an intraday basis. Certain limitations apply to the composition of the Reference Portfolio from time to time.

The level of the Reference Portfolio, as determined by the Calculation Agent in accordance with the Conditions of the Securities (the "Reference Portfolio Level"), is calculated in the Base Currency net of certain fees and costs associated with the creation, maintenance, and management of the underlying Reference Portfolio.

Reference Portfolio Components:

The Reference Portfolio, whose composition may vary from time to time, is actively managed by the Reference Portfolio Advisor and represents a notional investment in the Reference Portfolio Components. The Reference Portfolio Advisor is entitled to select any securities, assets, exposures, or contracts that are part of the iMaps Investment Universe described above for inclusion in the Reference Portfolio (with such securities, assets, exposures, or contracts becoming "Reference Portfolio Constituents" after inclusion in the Reference Portfolio). The Issuer has the right to reject the inclusion of any Eligible Constituent in its sole discretion. In the case of any rebalancing, the inclusion price of the eligible assets will take into account the trading and execution costs charged by the broker from which the asset is selected within the investment universe. Any dividends paid by eligible assets comprised within the Reference Portfolio shall be added to the cash position of the Reference Portfolio, minus any applicable withholding tax.

Investment Restrictions:

Reference Portfolio Constituents may be selected by the Reference Portfolio Advisor for notional purchase or, as the case may be, sale or unwind in accordance with the following investment restrictions (the "Investment Restrictions"). For the avoidance of doubt, the responsibility and legal duty to ensure that the Reference Portfolio complies with the Investment Restrictions is solely with the Reference Portfolio Advisor.

Portfolio Investment Restrictions:

The sum of the Exposures of all Reference Portfolio Constituents excluding FOREX, CFD, and Derivative Constituents is capped at a maximum of 300% (the "Leverage Threshold") at all times during the lifetime of the Securities. The Reference Portfolio Advisor can achieve additional leverage by adding derivative contracts to the Reference Portfolio, whereas the leverage is restricted by the margin applicable by the broker. The Weight of the sum of the Cash Position, less any margin for derivative contracts, shall at all times be greater than -200% (the “Restriction on Borrowing”).

Whenever the Reference Portfolio contains less than 50% cash, the Reference Portfolio shall be diversified into at least four assets. The composition of the Reference Portfolio (including the respective Weights) is published on a monthly basis on the website of the Issuer.

Rebalancings of the Reference Portfolio:

A Rebalancing may be initiated by the Reference Portfolio Advisor at any time, including intraday rebalancings, following the Issue Date effective immediately, provided that the Reference Portfolio Advisor shall not initiate a Rebalancing if the main market the asset is trading at is closed at such Rebalancing time or a Market Disruption Event would occur or be subsisting in respect of any Reference Portfolio Constituent being the subject of such Rebalancing. In case any Rebalancing leads to a breach of the investment restrictions, the Issuer is authorized, but for the avoidance of doubt, not obliged to change the composition of the Portfolio at its discretion to remedy such a breach.

ETI ISIN DE000AMC0AJ1
Delegated Investment Manager iMaps ETI AG
Address of Delegated Investment Manager Im alten Riet 102
9494 Schaan, Liechtenstein
Delegated Investment Manager Regulator No regulator
Brokers & Custodians Interactive Brokers
ETI Currency EUR
ETI Issuing Price 100 EUR
Stock Exchange Quote Go to boerse-stuttgart.de

Charts

ALL 1 YEAR 6 MONTHS 3 MONTHS

Fees

Total Management Fee* n/a %
Performance Fee n/a %
Max. Spread n/a %

*) The Total Management Fee comprises fixed Maintenance Fees, which include costs for audit, collateralization, listing, and paying agency fees, as well as Management Fees charged by the Master Investment Manager (iMaps ETI AG) and the Delegated Investment Manager. These fees diminish the value of the ETI and are updated monthly. Upon the launch of an ETI, the maximum possible fee amount is disclosed as the Total Management Fee: 4.5% for non-exempt offers, which are public offerings to retail investors, and 6.0% for exempt offers, which include offerings to professional investors and private placements.

Performance

1 Month n/a %
3 Months n/a %
6 Months n/a %
YTD n/a %
1 an s/o %
5 ans s/o %
Depuis le lancement s/o %

Allocation du portefeuille

Répartition du portefeuille en date du : s.o.

Identifier Description Price in Euro % of Segregated Portfolio

Veuillez noter que les informations fournies ne constituent pas une offre ou une sollicitation pour l’achat ou la vente d’instruments financiers, mais sont uniquement destinées à des fins de relations avec les investisseurs. Les titres susmentionnés ont été offerts au public et sont actuellement négociés sur le marché secondaire à la bourse mentionnée ci-dessus. Il est recommandé aux investisseurs qui envisagent d’investir dans l’un de ces titres de consulter un conseiller financier agréé MiFID avant d’investir.

Glossaire des identifiants

Des valeurs sans identifiant : Il s’agit de CfDs – Contract for Differences. Les CfD sont des produits dérivés négociés de gré à gré dans lesquels deux parties concluent un contrat portant sur la différence d’évolution du prix d’un actif sous-jacent. L’actif sous-jacent du CfD est spécifié dans la rubrique Description. La spécification « identifier=empty » et par exemple « description= amazon inc » signifie donc qu’il s’agit d’un CfD sur l’action amazon.

Valeur avec identifiant ISIN : L’ISIN est le numéro d’identification international à douze chiffres des titres. Il peut s’agir d’actions, d’obligations, mais aussi de fonds et d’ETF. Un ISIN commence toujours par deux lettres désignant le pays d’émission, par exemple DE pour l’Allemagne, ou par la désignation « XS » pour les titres transfrontaliers émis. La désignation du pays est régulièrement suivie d’un zéro, puis d’une combinaison de neuf chiffres et de lettres.

Étant donné qu’un ISIN n’est émis qu’une seule fois pour chaque titre, il est facile de trouver des informations supplémentaires sur l’actif sous-jacent en saisissant l’ISIN, par exemple dans le masque de recherche de Google ou de Bing.

Valeurs avec l’identifiant Derivatives ticker : Le ticker des produits dérivés est l’identifiant des produits dérivés standardisés négociés en bourse. Il s’agit notamment des contrats à terme et des options. L’identifiant commence par une combinaison de lettres à trois chiffres suivie d’une date qui indique la date d’échéance du produit dérivé. Dans le cas des options d’achat, un « C » complète l’identifiant, et dans le cas des options de vente, un « P »

Valeurs avec identifiants cryptographiques : Les actifs numériques ont généralement des combinaisons de lettres à trois ou quatre chiffres comme identifiants. Celles-ci peuvent être utilisées, par exemple, sur le site web coinmarketcap.com pour obtenir de plus amples informations sur la crypto-monnaie concernée.

Autres actifs : Il s’agit des frais courus ou des frais payés d’avance qui ont été activés à des fins de calcul de la VNI.

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