The Da Vinci Strategie plus Bond 

The Da Vinci Capital Guaranteed product is sponsored by  Landesbank Berlin AG. It combines the potential returns of Da Vinci UI Strategie Fund with a dynamic protection mechanism, ie the repayment at maturity is at least 100% of the nominal value.

 

Chances

• By investing in the Da Vinci strategy plus bond, participation in the performance of the Da Vinci UI Strategie Fund
• Dynamic protection mechanism in the Da Vinci Strategie plus bond
• Repayment at maturity of 100, - Euro per security
• External rating agencies to be judged to be stable creditworthiness of the Issuer
• UCITS III funds with daily liquidity
• Use of anomalies and inefficiencies in option markets: discrepancies between the implied volatility of options and the historical or expected volatility lead to investment opportunities
• Mostly market neutral positions by hedging on the underlying
• Strictly controlled and limited risks (maximum corresponds often only the option premium) options and futures on the Euro-Bund, Euro-Bobl, Euro-Schatz, T-Bonds, T-Bills, T-Notes, DJ Euro Stoxx 50
• Expected annual return of 12% to 15%
• Volatility per year of <10%

 

Risks
• sometimes high volatility and limited liquidity of the Da Vinci Strategie UI fund possible
• legal, political and economic risks in investing the fund in emerging markets
• Risks of loss of the Da Vinci Strategie UI fund leading to loss of value in Da Vinci Strategy plus-index

Investment Philosophy
The Da Vinci strategy plus loan (the "Securities") is aimed at investors with a long-term oriented investment horizon. It allows the investors to participate, in the performance of the Da Vinci Strategie UI fund. 
This product is not suitable for investors who expect a regular coupon(s) during the investment horizon. An investor should assess themselves or be advised accordingly, whether an investment fits into the securities to his personal and financial circumstances and his willingness to take risks.

Implementation
The Da Vinci strategy, plus the performance bond of Da Vinci Strategie plus-index ("the Index") to. The index can consist of the following components:
• Shares of Da Vinci UI Strategie fund (ISIN: DE000A0RE964)
• Investment in the euro money market, which continuously generates interest income.
Generally, the components in any index composition and weighting to be included in the index. However, it is sought (without being at all times be the case), the highest possible weightings of shares of the Da Vinci UI strategy to funds in the index. This means that the capital invested in the securities can be used as much as possible for the purchase of fund shares. The investment in the euro money market is to serve mainly for liquidity management and settlement of fund distributions. There is a daily review and make any adjustment of the composition of the index by the index sponsor Landesbank Berlin AG.