3 Year 50/50 Upside Note with Sharia complaint mechanism to achieve capital protection
Summary Terms:
- Product : 50/50 Upside Note
- Minimum Investment Amount : USD 10,000 with multiples of USD 1,000 thereafter
- Nominal Amount : USD 1,000 per Note
- Investment Period : 3 Years
- Underlying Index : Alpha Pairs USD Excess Return Index (using CROCI methodology)
- Capital Protection : 100% capital protection from Deutsche Bank AG, London branch if Notes are held until maturity. Achieved through a unilateral, irrevocable and binding promise by the agent to purchase the assets of the fund at maturity at cost plus margin basis.
- Redemption on Maturity : 100% of Investment Amount plus 140% participation of the positive performance of the Underlying Index
- Valuation : Weekly
- Business Day : Working day in London, UK, New York, USA and Dubai, U.A.E
- Issuer : Deutsche Bank AG, London branch
- Sole Distributor : Dubai Islamic Bank (DIB)
- Data Administrator : Ryland Gray
- Sharia Advisor : Dubai Islamic Bank Sharia Board
Key Features and Objectives:
- A basket of 70 long and 70 short equally weighted global stocks from three regions (US, Europe and Japan)
- Selected monthly for their attractive/unattractive ratings on a multi-factor basis, combining proprietary CROCI valuation
- 140% participation in the positive performance of the Excess Return Index
- 6% targeted volatility for the Underlying Index
- Performance calculated on the Excess Return Index, i.e. the returns above the USD Fed Fund Rates
- Investment in 9 sectors (Consumer Discretionary, Healthcare, Information Technology, Telecommunication Services, Energy, Consumer Staples, Industrials, Materials, Utilities)
Strength points of the product:
- Short-term investment – 3 years
- Strong and stable historical performance (using the CROCI methodology)
- Global markets have been very volatile
- Not sector or geography specific (REIT, Water, GCC)
Indicative NAV:
For more details please contact +971 4 6092424

