Description
CaixaBank guarantees that, on 5.11.24, beneficiaries (investors who subscribe before 15.12.16, inclusive and hold their investment from that date) will obtain 100% of their initial (15.12.16) or held investment plus a possible annual payment depending on the performance of 3 shares: Adidas, AXA and Shell. The shares belong to different sectors and may perform differently. Annual payments may be obtained on 29.12.17, 28.12.18, 30.12.19, 30.12.20, 29.12.21, 29.12.22, 29.12.23 and 30.10.24 through mandatory redemptions of shares, which will be 2.10% of the initial or held investment if, on the annual observation date, the prices of the 3 shares are equal to or above their initial value, or 0.10% if not. 0.101% minimum guaranteed APR, with a maximum of 2.124% for subscriptions at 15.12.16 and held to maturity.The recommended time horizon is to 5/11/24.The full investment policy and other legal information can be found in the prospectus and in the key investor information document (KIID), which are available on the website www.caixabank.es, in the CNMV registry and on www.cnmv.es.