What is an Accelerator Certificate?

Accelerator Certificates are financial instruments belonging to the category of Conditional Capital Protected CertificatesConditional Capital Protected Certificates are financial instruments that allow investors exposure to the upside or downside of the underlying financial asset with the protection of the issue price of the Certificate contingent upon the underlying financial asset: the loss of capital protection occurs when the value of the underlying asset exceeds a certain value, called the Barrier Level. and allow for investment in upward trends of an underlyingThe Underlying asset is the activity such as a share, stock index currency, commodity or any other real( e.g. raw materials) or financial asset( an exchange rate or interest rate) upon which the value and price of the Certificate is dependent. financial asset, such as a stock or sector index, a commodityThe term commodity essentially indicates a basic good such as, for example, metals, minerals, agriculture and livestock and other physical assets, on which investors can trade through the use of derivatives., an exchange rate, an ETFAn acronym for Exchange Traded Fund. ETFs are funds that mirror the performance of an Underlying and are purchased just like shares. They must guarantee a certain level of diversification and cannot be invested directly in commodities. or a fund. One of the characteristics of this type of instrument is the ability to replicate in proportion the performanceThe performance of a financial instrument indicates the percentage change in the value of the same in a given time frame. Performance can be expressed both in absolute and relative terms. of the underlyingThe Underlying asset is the activity such as a share, stock index currency, commodity or any other real( e.g. raw materials) or financial asset( an exchange rate or interest rate) upon which the value and price of the Certificate is dependent. asset.