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Swedish Match & H&M MARKNADSFÖRINGSMATERIAL 2454 Autocall Swedish Match & H&M AUTO- RIKTAT 1-5 ÅR ERBJU- CALL DANDE Produktkategori: Premiebevis Produktbenämning: Autocallbevis MÅLGRUPP III KUNDTYP Icke-professionell Professionell Jämbördig Motpart KUNSKAPSNIVÅ Bas Informerad Avancerad FÖRMÅGA ATT BÄRA FÖRLUST Låg Medel Hög RISKNIVÅ 1 2 3 4 5 6 7 Lägre risk Högre risk AVKASTNINGSMÅL Bevarande Tillväxt Kassaflöde Riskhantering Hävstång PLACERINGSHORISONT Mycket kort (<1 år) Kort (1-3 år) Medel (3-5 år) Lång (>5 år) DISTRIBUTIONSSTRATEGI A B C D • Positiv målgrupp • Neutral målgrupp • Negativ målgrupp Drottningholms Slott, Stockholm Swedish Match & H&M Placeringen ger exponering mot två svenska bolag och ger möjlighet till en kvartalsvis ackumulerande kupong om indikativt 4.5 procent. På slutdagen har placeringen ett kursfallsskydd om 75 procent av startvärde. 2454 AUTOCALL SWEDISH MATCH & H&M EMITTENT Danske Bank A/S (S&P A, Moody’s A3) ERBJUDS AV Strukturinvest Fondkommission (FK) AB TECKNAS TILL 17 maj 2021 UNDERLIGGANDE Hennes & Mauritz, Swedish Match KAPITALSKYDD Nej LÖPTID 1 - 5 år OBSERVATIONSDAGAR Kvartalsvisa observationer, totalt 20 observationer ACKUMULERANDE KUPONG 4,5% indikativt, lägst 3,6% AUTOCALLBARRIÄR 100% av startvärde KURSFALLSSKYDD 75% av startvärde på slutdagen VALUTA SEK NOMINELLT BELOPP 10 000 kr/värdepapper TECKNINGSKURS 10 000 kr/värdepapper COURTAGE 300 kr/värdepapper (3% av nominellt belopp vilket motsvarar cirka 2,91% av investerat belopp) INVESTERAT BELOPP 10 300 kr/värdepapper TILLGÅNGSSLAG Aktier ISIN SE0014782538 En investering i finansiella instrument kan både öka och minska i värde och det är inte säkert att du får tillbaka hela det investerade kapitalet. Rekommenderad innehavsperiod motsvarar placeringens löptid. Observera att återbetalningen är beroende av emittentens finansiella förmåga att fullgöra sina förpliktelser på återbetalnings- dagen, se Viktig information. ”Möjlighet till en kvartalsvis acku- mulerande kupong om indikativt 4,5 procent med 75 procent kurs- fallsskydd på slutdagen” Möjligheter Risker Möjlighet till kupongutbetalning vid positiv eller Om kursfallsskyddet brutits på slutdagen expo- sidledes utveckling neras investeraren enbart mot den aktie med sämst utveckling En låg svensk ränta stimulerar konsumtion och investeringar Ekonomisk och geopolitisk osäkerhet i omvärlden dämpar riskaptiten och kan störa den globala handeln BAKGRUND Låga räntor stimulerar konsumtion HUR BERÄKNAS AVKASTNINGEN? Den svenska ekonomin har under och investeringar vilket i sin tur ökar Placeringen följer utvecklingen i två flera år uppvisat en stark tillväxt med den globala efterfrågan, vilket är sär- aktier. Utvecklingen i underliggande stöd av växande konsumtion, investe- skilt viktigt för den exportberoende aktier observeras kvartalsvis. Avkast- ringar och export. Hushållen har haft svenska ekonomin. ningen i placeringen beräknas utifrån en god inkomstutveckling vilket har utvecklingen i den tillgång som ut- lett till att konsumtion och bostads- HENNES & MAURITZ vecklats sämst. investeringar har utvecklats starkt. Hennes & Mauritz designar, tillverkar På observationerna innan slutdagen Under våren 2020 vändes utsikterna och säljer kläder, accessoarer och finns två möjliga utfall: hastigt till de sämre i samband med inredning under ett antal olika varu- 1. Båda aktierna har utvecklats po- coronavirusets utbredning. Den kraf- märken. Bolaget har ca 180 000 an- sitivt sedan startdagen: Placeringen tiga konjunkturnedgången slog hårt ställda och försäljning i 55 länder. För förfaller i förtid och återbetalar nomi- mot svenska företag och jobb. Tack mer information se www.hm.com. nellt belopp plus en kupong om in- vare ett snabbt agerande från både dikativt 4,5 procent per kvartal som regeringen och Riksbanken lyckades SWEDISH MATCH placeringen löpt. Placeringen kan en mer omfattande finansiell kris und- Swedish Match utvecklar, tillverkar dock som tidigast förfalla och betala vikas. De rekordstora stimulanspake- och säljer snus och andra nikotin- ut kupong efter ett års löptid. ten bidrog till att hålla såväl konjunk- produkter under flera ledande varu- 2. Minst en aktie har utvecklats ne- turförväntningar som tillgångspriser märken. Företaget har omkring 5 500 gativt sedan startdagen: Placeringen uppe. Den senaste tidens vaccin- anställda och försäljning över hela löper vidare utan att någon kupong framgångar har gett börsen ytterliga- världen. För mer information se www. betalas ut. re bränsle och banar vägen för en re- swedishmatch.com På slutdagen finns tre möjliga utfall: lativ snabb normalisering av tillvaron. 1. Båda aktierna har utvecklats po- Vidare talar mycket för ett fortsatt lågt sitivt sedan startdagen: Placeringen ränteläge under överskådlig framtid. återbetalar nominellt belopp plus en SÅ BERÄKNAS AVKASTNINGEN Placeringens avkastning är knuten till utvecklingen underliggande aktie som avläses kvartalsvis. I bilden nedan illustreras möjliga utfall på respektive observationsdatum. OBSERVATION 1-19 OBSERVATION 20 2. Aktien har 1. Positiv aktieutveckling: 2. Negativ aktieutveckling: 1. Positiv aktieutveckling: 2. Aktien har fallit med fallit med max 25 %: mer än 25 % sedan startdagen: Placeringen förfaller i förtid* och Placeringen återbetalar nominellt Placeringen återbetalar återbetalar nominellt belopp plus en Placeringen löper vidare belopp plus en kupong om indikativt nominellt belopp minskat med Nominellt belopp återbetalas. kupong om indikativt 4,5 procent per utan att någon kupong betalas ut. 4,5 procent per kvartal som placerin- aktieutvecklingen. kvartal som placeringen löpt. gen löpt. *Placeringen kan dock som tidigast förfalla efter ett års löptid kupong om indikativt 4,5 procent per ledes gå förlorat. Återbetalningen på kvartal som placeringen löpt. återbetalningsdagen samt kupongut- 2. Sämsta aktie har utvecklats ne- betalningen är beroende av att emit- gativt sedan startdagen, men har inte tenten kan fullfölja sina åtaganden fallit med mer än 25 procent: Nomi- och betala ut den avkastning som nellt belopp återbetalas. investeraren enligt villkoren har rätt till. 3. Sämsta aktie har fallit med mer än 25 procent sedan startdagen: Pla- ceringen återbetalar nominellt belopp minskat med nedgången i den till- gång med sämst utveckling. Det investerade beloppet är inte kapi- talskyddat och hela beloppet kan så- HISTORISK UTVECKLING* 300 Hennes & Mauritz Swedish Match 250 200 150 100 50 Källa: Bloomberg. Period: 29 april 2016 – 29 april 2021. Observera att historisk utveckling inte är någon garanti för framtida utveckling. 0 apr-16 apr-17 apr-18 apr-19 apr-20 apr-21 PLACERINGEN PASSAR DIG SOM PLACERINGEN PASSAR INTE DIG SOM DROTTNINGHOLMS SLOTT, STOCKHOLM • är införstådd i placeringens konstruktion och • inte är införstådd i placeringens konstruktion Drottningholms slott räknas till den svenska risker och risker stormaktstidens förnämsta slottsbyggnader • är beredd att förlora 100 % av investerat • inte vill riskera förluster förknippade med och är Sveriges bäst bevarade kungliga slott. belopp större marknadsnedgångar eller emittentens Trädgårdsanläggningarna på slottsområdet • söker kassaflöde från underliggande återbetalningsförmåga består av en barockträdgård och en engelsk tillgång(ar) • inte vill riskera förluster vid avyttring under park. Parken och byggnader besöks årligen • kan acceptera eventuella förluster vid förtida placeringens löptid av uppskattningsvis 700 000 personer från avyttring • enbart har fokus på att bevara kapital Sverige och utlandet. På initiativ av drottning • planerar för att behålla placeringen under Hedvig Eleonora planerades och byggdes det hela dess löptid nuvarande slottet från 1662 till omkring 1750 som ett lustslott efter ritningar av arkitekterna Nicodemus Tessin d.ä., och Carl Hårleman. RÄKNEEXEMPEL*** VIKTIGA DATUM Exemplet illustrerar återbetalning av en investering om nominellt 10 000 kr. Ex- TECKNINGSPERIOD emplet är baserat på en indikativ kvartalsvis kupong om 4,5 procent. T.o.m. 17 maj 2021 LIKVIDDAG OBSERVATION TOTAL UTBETALNING ÅRLIG EFFEKTIV SOM PLACERINGEN (10 300 kr investerat belopp TOTAL AVKASTNING AVKASTNING (hänsyn taget 19 maj 2021 ÅTERBETALAS inkl courtage) (hänsyn taget till courtage) till courtage) EMISSIONSDAG 4 11 800 kr 14,56% 14,56% 4 juni 2021 MÄTPERIOD 8 13 600 kr 32,04% 14,91% 21 maj 2021 (startdag) 12 15 400 kr 49,51% 14,35% – 21 maj 2026 (slutdag) 16 17 200 kr 66,99% 13,68% ÅTERBETALNINGSDAG 20 19 000 kr 84,47% 13,03% 4 juni 2026 201) 5 000 kr -51,46% -13,46% FÖRTIDA ÅTERBETALNINGSDAGAR Cirka 10 bankdagar efter observations- FOTNOT dag 1) Aktien harfallit mer än 25% på slutdagen, i detta fall antas en nedgång på 50%. OBSERVATIONSDAGAR Kvartalsvisa observationer, totalt 20 observationer STARTKURS OCH KUPONG Offentliggörs kring emissionsdagen på www.strukturinvest.se på sidan ”Marknadskurser”. Viktig information En investering i placeringen är förenad med ett antal riskfaktorer vilka samman- fattas här. För mer utförlig information om dessa och övriga riskfaktorer, vänligen tala med din rådgivare. Om riskerna i investeringen direkt som indirekt, i kombination eller var för sig. placeringens löptid kan avvika från de tidsperioder som Kreditrisk använts i marknadsföringsbroschyren. Med kreditrisk menas att emittenten av denna place- Exponeringsrisk (Komplexitet) ring inte skulle kunna fullfölja sina åtaganden gentemot Avkastningen i strukturerade placeringar bestäms Räkneexempel investeraren. Med åtaganden avses exempelvis återbe- ibland av komplicerade samband som kan vara svåra Information markerad med *** utgör endast exempel
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