Certificate: Sprint Certificate

It allows the investors from a certain limit to participate over-proportionately in the increase of the rate of a share or index. However, this applies only within a pre-determined fixed range of rates. This means that when the rate of the underlying asset gets into this range, the investor participates in any further increase or decrease by a factor of two (2:1), until the rate of the underlying asset leaves this range. The investor takes twofold part in the strengthening of the underlying asset from the lower limit (the so-called startwert) up to the upper limit (cap). The investor does not participate in the strengthening of the underlying asset above the cap. In the event that the rate of the underlying asset gets out of this range, the investor participates again only at the ratio of 1:1 to the underlying asset. The investor receives this double yield only if the rate of the underlying asset is within this range and if the investor holds this sprint certificate up to its maturity.