DepositPlus account 3/2013
DepositPlus* is an account that
combines the benefits of a fixedterm account and favourable share
price performance. You receive an
annual deposit interest, but you
can also benefit from additional
interest paid according to a favourable share price performance.
Sales period
4 November 2013 – 31 December 2013
Maturity
30 December 2016
Minimum deposit
500 euros
Deposit interest
Fixed annual interest 0.1%
Additional interest
6.0%*(fluctuation range 4.0% – 8.0%), if the prices of all
three reference shares are on or above the starting level of
7 January 2014 on the determination date 15 December
2016. The additional interest is not annual interest.
Actual annual interest
• 0.1% (without additional interest))
• 2.1% (expected additional interest 6.0%, term of deposit
36 months)
Reference shares
• Pepsico Inc.
• Carlsberg A/S
• Apple Inc.
The shares were chosen on the basis of the recommendations
by Nordea Equity Research. The share recommendations were
checked on 28 October 2013.
How to open a DepositPlus account
You can open an account in Netbank with your access codes,
by calling Nordea Customer Service, tel 0200 70 000,
Mon–Fri 10.00–16.30 (local network charge/mobile call
charge) or by visiting a Nordea branch.
* The funds in this account are covered by the deposit guarantee valid at any given time in the scope laid down by law. However, please
note that additional interest not added to the principal of the deposit is not covered by the deposit guarantee.
** 6.0% is the expected additional interest. The exact additional interest will be determined on 7 January 2014 and the fluctuation range
will be 4.0–8.0%.
PepsiCo, established in 1965, is the world's second largest
manufacturer of food products and beverages. PepsiCo's
products are sold in over 200 different countries. The company's
well-known brands include Pepsi, Mountain Dew and Gatorade.
During the past three years, PepsiCo's net sales have increased
by around 50%. The company employs approximately 280,000
people, and in 2012 the company's net sales amounted to about
USD 6.7 billion.
Further information is available at www.pepsico.com
100
90
80
70
60
50
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Price performance of PepsiCo Inc. share*** Oct 2010–Oct 2013 (USD)
Source: Bloomberg
• S&P recommendation: Buy
• Listed on New York Stock Exchange
Source: Bloomberg
PepsiCo Inc.
Carlsberg A/S
Carlsberg is the world's fourth largest brewery company, and
Carlsberg beer is one of the most sold international beer brands.
In addition, the company has a number of other beer brands,
such as Tuborg. Carlsberg also owns the Sinebrychoff brewery
in Finland. We consider Carlsberg an attractive investment, as
the company has extensive operations in the emerging markets
and its earnings prospects are supported by synergy benefits
and reorganisation measures. The company employs close to
42,000 people, and in 2012 its net sales were about DKK 67.2
billion and operating profit was about DKK 6.2 billion.
Further information is available at www.carlsberg.com
700
600
500
400
300
200
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Price performance of Carlsberg A/S share*** Oct 2010–Oct 2013 (DKK)
Source: Bloomberg
• Nordea's recommendation: Buy
• Listed on OMX Copenhagen
Apple Inc.
• S&P recommendation: Buy
• Listed on: New York Stock Exchange
Apple Inc is an international company manufacturing and selling
consumer electronics, software and hardware. The company is
especially known for its iPhone smartphones, iPad tablet computers
and MacBook portable computers. In recent years, the company's
growth has been strong, and its iPhone, which started the touch
screen phone boom, is still Apple's most important engine of
growth. iPhone's standing is strong both among consumers and
in relation to phone operators. The company employs nearly
73,000 people, and in 2012 its net sales totalled about USD
157 billion and operating profit was around USD 26 billion.
Further information is available at www.apple.com
Shares that have
reached the start.level
3
less than 3
700
600
500
400
300
200
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Price performance of Apple share*** Oct 2010 - Oct 2013 (USD)
Expected
Actual annual interest
add.interest** Range
(term of deposit 36 months)
6.0%
4.0–8.0%
2.1%
0%
0%
0.1%
Compare various deposit alternatives (the following product comparison example is based on information as on November 2013)
Amount deposited
Term of deposit
Actual annual
interest
Tax at source on
interest income
DepositPlus account
500 euros
36 months
• 2.1%, if the expected additional interest of 6.0% is realised.
• 0,1%, if the additional interest will not be realised.
Tax at source on interest income of 30% is collected on
the interest (as of 1 January 2012).
Time Deposit Account with fixed interest
500 euros
36 months
• 1.0%
• Situation as on 1 November 2013.
Tax at source on interest income of 30% is
collected on the interest (as of 1 January 2012).
** 6.0% is the expected additional interest. The exact additional interest will be determined on 7 January 2014 and the fluctuation range will be
4.0–8.0%.
*** Past performance is not a guarantee of future results.
Nordea Bank Finland Plc HSI033 11.13
Reference companies