Document properties  Print this page
Document propertiesX
Title:SecurAsset (LU) Responsible Coupon Note 2022
Date of publishing:July 16, 2014
Hits:8751
Category:News
Language:English
Also available in the following languages:Dutch, French

SecurAsset (LU) Responsible Coupon Note 2022
July 16, 2014

Forum ETHIBEL was appointed by VDK Spaarbank to independently monitor its compliance with the predetermined socio-ethical requirements of the issuance called SecurAsset (LU) Responsible Coupon Note 2022. This product is a structured note issued by SecurAsset S.A. with capital exposure of the full amount of deposits at BNP Paribas Fortis NV.

Being a structured note, the SecurAsset (LU) Responsible Coupon Note 2022 consists of 2 components. On the one hand there is a 'savings component' offering a principal protection of the net invested amounts at the maturity date. In this regard the full invested amount is deposited at BNP Paribas Fortis for reinvestment following predetermined socio-ethical criteria (a full list of the criteria can be found in the certificate). On the other hand, the eventual return on the investment is linked to the performance of a derivative product, being the Ethical Europe Equity Index.

Both the socio-ethical reinvestment of the savings component and the Ethical Europe Equity Index are audited and certified by Forum ETHIBEL. Consequently investors are sure that the investment is covered a 100% by socio-ethical criteria.

For more information, visit the website of VDK Spaarbank.

Consult the anouncement of certification. (Dutch)

Audit and certification - all cases