Investing in complex shares

Rabobank Certificates are investments that form part of Rabobank’s equity capital. They have no fixed maturity date. You receive an interest payment linked to the interest rate on government bonds. Important to know:

Rabobank may decide to reduce or temporarily stop interest payments if it’s financial situation gives reason to do so.

Rabobank determines if and when it repays or withdraws the certificates. It is therefore uncertain if and when you will get your original investment back.

This means that as a certificate holder, you are last in line for any repayment. If Rabobank experiences financial difficulties or goes bankrupt, you will only receive some or all of your money back if there is still money left after all other creditors have been paid in full. It is also possible that Rabobank may write off the certificates first, in which case you will lose your entire investment.

This is a European measure designed to keep banks operational and protect the financial system. In the event of a bail-in, Rabobank will have to postpone interest and repayments partially or fully, or may no longer be permitted to pay them.

The value depends on, among other things, Rabobank’s financial results and capital position, as well as the risk of Rabobank experiencing financial difficulties.

At ABN AMRO, you can only invest in complex shares with the Self-directed Investing Plus investment option. You can buy and sell complex shares using the ABN  AMRO app, Internet Banking, or My Dealing Room.

Before you can invest in complex shares at ABN  AMRO, we will ask you to take a knowledge test. If you pass the test, you have sufficient knowledge and will be allowed to invest in complex shares. If you do not pass, investing in complex shares may not be suitable for you, and you will not be able to place orders in complex shares.