Factor certificate characteristics
In the "Full Quote" widget of a factor certificate, you find the following data in the "Characteristics" area:
Characteristics
Field | Description |
|---|---|
Security type | The certificate type, here "Factor certificate". Factor certificates are suitable for investors that have a certain short-term expectation for an underlying, for example a share, an index, commodity or currency. Factor certificates allow you to participate either in rising (long strategy) or declining (short strategy) prices. |
Type | The certificate type. The type is used to categorise discount certificates more precisely, for example, "Index factor". |
Mgmt. fee | The amount of the management fee. |
Warrant option | The type of the certificate, that is, call or put. |
Leveraged product | Shows whether or not the certificate is a leveraged product. |
Factor | The factor of the certificate. Example: "Factor 3" If the underlying price rises during the day by 1%, then the corresponding factor certificate rises by 3%. |