| Open End Certificates |
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Open End Certificates are financial instruments resulting participation rate movements in an underlying asset 1:1. One-to-one ratio (1:1) is a way of expressing that the instrument exactly follows the underlying asset movements. Shape securities are certificates and "open end" indicates that the certificate does not have a fixed final date, just like a share. Examples of underlying assets may be equities, indices, commodities, interest rates, currencies or market sector.
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| Market Expectations |
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The value increases in the underlying |
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| Properties |
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Unlimited participation in the development of the underlying |
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Reflects underlying price moves 1:1 (adjusted by conversion ratio and any related fees) |
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Risk comparable to a direct investment |
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Fees generally in the form of management fees or through the retention of payouts attributable to the underlying during the lifetime of the product |
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| If you want to learn more about this instrument, you can do it at www.ndx.se/education/. |
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