What are autocallable (products)?

Autocallable products are structured financial products that are based on an index. They have a specific characteristic: they can be automatically and prematurely redeemed if the price development of the underlying index meets predefined criteria.

With autocallable products, the redemption is automatically executed at specific times, depending on how the index performs in relation to the agreed conditions. If the index meets these conditions at a certain point in time, the product is prematurely redeemed, often with a return for the investor.