Geneva Economy Quintessence Certificate Tracker
Invest in Geneva's economy.
Innovative access to the fabric of Geneva's booming economy
The Geneva Economy Quintessence Tracker Certificate is part of a medium- to long-term investment strategy in keeping with the BCGE Group's investment philosophy and designed to capitalise on the real economy.
Investments are in shares of leading companies implanted in Geneva's economic fabric, which is both competitive and selective. These filters were used to select Swiss and international companies that are either large or leading companies in their field.
Switzerland and globally
Geneva, a quintessential international city, is home to multinational companies and high-quality Swiss companies. The Certificate reflects Geneva's international economic fabric.
Actively managed by the BCGE
The securities are selected and monitored by BCGE Asset Management's team of specialists in Geneva.
This investment represents a competitive World Equity type investment profile, reflecting Geneva's economy.
Universe of eligible securities
- The Geneva Economy Quintessence Tracker Certificate only contains shares traded on the Swiss stock exchange or on other international stock exchanges. These are listed companies based in the canton of Geneva (headquarters, branches or subsidiaries) which largely represent the major employers in this geographic area and the companies that play a key role in Geneva's economy.
- The minimum market capitalisation of each company is set at CHF 500 million.
Significant geo-sectoral diversification
- The proportion of Swiss equities is close to 50%. The Certificate is currently exposed to other currencies.
It is well diversified on an international level.
- The Certificate is managed with a sectoral allocation that is close to equal weighting to avoid excessive concentration typical of local or regional economies with centres of excellence.
- The shares selected are, for the most part, large market capitalisations: the basket at launch represents more than CHF 1'000 billion in valuation. However, the basket contains a limited number of less liquid securities, the weight of which is capped to ensure optimal liquidity overall.
Management fees : 1.0%
Custody fees : online treading platfprm 1816 free of charge, standard securities deposit : -50.%
Certificate's issue price : CHF 100
Minimum investment : 1 Certificate
Maximum issue : CHF 20,000,000
Maturity : open-end Certificate (without maturity)
Distribution : once a year at the end of June + 5 working days of cumulative dividends paid by the companies
Information and risks
The Geneva Economy Quintessence Tracker Certificate is a structured product. The content of this website is a product description with no contractual value. Only the BCV's Simplified Prospectus is valid. It does not constitute a call for tender, an offer to buy or sell, or a personal investment recommendation. We suggest you contact your adviser for a specific review of your risk profile and ask him/her about the risks involved prior to any transaction. In particular, we draw your attention to the fact that past performances cannot be taken as a guarantee of current or future developments. Banque Cantonale de Genève declines all responsibility for any loss, damage or harm that may result directly or indirectly from this information.
The Certificate is issued by Banque Cantonale Vaudoise (Lausanne) and managed by Banque Cantonale de Genève. The Simplified Prospectus, the only valid prospectus, can be downloaded from the website www.bcge.ch or obtained directly from Banque Cantonale de Genève, Case postale 2251, 1211 Geneva 2, Switzerland, from the issuer Banque Cantonale Vaudoise / 276 - 1598 / CP 300 / 1001 Lausanne, Switzerland, from the website www.bcv.ch/invest or by dialling the following number: 021 212 42 00.
This product is not a collective capital investment within the meaning of the Swiss federal act on collective capital investments, nor does the investor benefit from the protection that this law grants to investors in collective capital investment units; furthermore, this product is not subject to authorisation or supervision by the Swiss Financial Market Supervisory Authority (FINMA). The investors bear an issuer risk, namely that they are exposed to the risk of bankruptcy of the issuer and do not benefit from the protection of the capital they have invested. These products are not intended for distribution in the United States or to US persons. Certain transactions and/or the distribution of this document may be prohibited or subject to restrictions for persons under jurisdictions other than Switzerland for whom this information is not intended.
The risks are similar to a direct investment in the underlying securities (evolution of the share price, product holding period, price volatility etc.), i.e. the risk is that of a global equities basket.
The risks associated with certain investments, particularly derivatives, are not suitable for all investors. Investors are invited to conduct a specific review of their risk profile and ask their adviser about the inherent risks, in particular by consulting the SwissBanking brochure « Special Risks in Securities Trading » prior to any transaction.
Issuer's risk: the investor is exposed to the risk of the issuer's insolvency, which may result in the partial or total loss of the invested capital. The preservation of the value of the investment instrument depends not only on the evolution of the underlying(s) but also on the solvency of the issuer, which may change during the life of the structured product. The rating of the issuer indicated is in accordance with the situation at the time of issue and may change during the life of the product.
For more information, consult the Simplified Prospectus.
You can subscribe to the Geneva Economy Quintessence Tracker Certificate by consulting a BCGE adviser or via the online trading platform 1816.
The investor should not invest without having read and understood the terms of the simplified prospectus. This document includes all the key data concerning the product and its provider and indicates the risks inherent in buying this product.
Securities number : 31057987
ISIN : CH0310579872
Issuer : Banque Cantonale Vaudoise, rating « S&P AA/stable »
Manager and distributor : Banque Cantonale de Genève
More information on the price