Important Legal Remarks

This document is an advertisement; it was not prepared pursuant to legal provisions on promoting financial analyses independence and it is not subject to a trade ban following financial analyses publication.

Remark: You are about to purchase a complex product that may be difficult to understand. Prior to making an investment decision, we recommend to read all the information available on the relevant financial product: the (basic) prospectus; the Final Terms and Conditions; possible supplements; and, if applicable, the Key Information Document (“KID”) as well as the “Information for Investors” in terms of sec. 21 AIFMG  [Austrian Act on Alternative Investment Fund Manager]. Free copies are available to interested investors at Am Belvedere 1, 1100 Vienna, during the standard office hours. Electronic copies can be downloaded from the Erste Group Bank AG website at www.erstegroup.com/prospekte. With housing construction bonds, information is available on the Wohnbaubank AG website at www.swohnbaubank.at/de/wohnbauanleihen/aktuellewohnbauanleihen. 

The Key Investor Documents are available at https://www.swohnbaubank.at/de/impressum-und-rechtliches/basisinformationsblaetter and information on investment funds can be downloaded from the Erste Asset Management GmbH website at www.erste-am.at and/or the ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. website at www.ersteimmobilien.at. Prospectus approval by the competent financial market supervisory authority must not be considered approval of the securities on offer or approved for trade on regulated markets. Please also consider the WAG 2018 Customer Information provided by your financial institution.

We hereby inform you that performance scenarios presented in the KID are based on calculation methods provided for under EU Regulations. It is impossible to exactly determine future market development; hence, these scenarios only represent indications of possible revenue and they are based on revenue generated in the recent past. Actual revenue might be lower than indicated.

Please consider that securities investments not only provide opportunities, but also bear risks. Past performance of values allows for no reliable conclusions as to future development. The financial product, including related documents, must not be directly or indirectly offered, sold, re-sold, supplied and/or disclosed to natural and/or legal persons having their residence/registered office in countries where this is legally prohibited. This particularly applies to the United States (including “US persons” in terms of Regulation S under the Securities Act of 1933 as amended).

Conflicts of interest: Interests of Erste Group and/or group companies (“Erste Group”) may differ from those of investors. Erste Group Bank AG is an associated company of brokering savings banks and Erste Bank der österreichischen Sparkassen AG.

Dated: November 2019

Legal notice:
Media owner and editor:
Erste Bank der österreichischen Sparkassen AG
Am Belvedere 1, 1100 Vienna