ONTOLOGY EXPLORER
twin-win certificate
<https://spec.edmcouncil.org/fibo/ontology/DER/DerivativesContracts/StructuredInstruments/TwinWinCertificate>
プロパティと値
| プロパティ | 値 |
|---|---|
| type | Class |
| label | "twin-win certificate"@en |
| subClassOf | ParticipationCertificate |
| definition | "certificate that makes profits possible with rising and falling underlying asset values, in which a falling underlying asset price converts into profit up to the barrier, and whose minimum redemption is equal to the nominal value provided the barrier has not been breached"@en |
| note | "If the barrier is breached the product changes into a tracker certificate. With higher risk levels, multiple underlying asset(s) (worst-of) allow for a higher bonus level or lower barrier. Twin-win certificates have reduced risk compared to a direct investment into the underlying asset(s)."@en |
| adaptedFrom | "ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.2.8"@en |
| explanatoryNote | "Twin-win certificates are suited to investors who are convinced that the underlying instrument has a good chance of going up. If it in fact does, the built-in leverage of the product enables you to participate not just 1:1 in that upside move (as would be the case with a normal tracker certificate), but instead at a disproportionate rate and with no price limitation."@en |
| explanatoryNote | "With a twin-win certificate, you can actually have it both ways. In other words, this type of structured product generates a profit for you not only when the price of the underlying instrument goes up, but also if it declines to a certain extent. And this with a specially built-in safety mechanism. The unique structure of these products makes it possible to turn a modest loss in the underlying instrument into a modest gain."@en |
この項目への参照
このグラフ内での参照はありません。