We are pleased to announce that the Ancoria 5-Year EUR Autocall 0.5% Plus 3.5% Fund ("the Fund”) was autocalled on the 14th of February 2022, completing a two year term (of the maximum five) from its start date. Although over the past two years investors have experienced the effects of the COVID-19 pandemic causing significant disruption to international markets, the fund has managed to lock an impressive net return of 8%, protecting at the same time the investors’ initial capital.
The Structured Fund, denominated in EUR, was autocalled as the Euro Stoxx 50 Index closed on the observation date at 4,064.45, about 5.8% above the initial strike level of 3,840.97, recorded two years ago. As specified in the Fund conditions, on the 8th of March 2022, clients who invested in this Fund will receive their initial investment amount plus an additional cash amount equivalent to a net return of 7.5%, having already received a year ago the first guaranteed coupon of 0.5%.
If market conditions are favourable, within the first quarter of the year we plan to launch a new structured fund denominated in EUR. For more information, please call at +357 22 551 300 or send an email to info@ancoria.com.