# Outperformance Bonus Certificate

**IRI:** https://folio.openlegalstandard.org/RBzTYMdPGeM2JsutnZtT7Fi

## Labels

## Definition

An Outperformance Bonus Certificate is a financial instrument that allows disproportionate participation in the positive performance of the underlying asset or assets above a certain strike level, combined with protective features. The minimum redemption value is equal to the nominal value, provided a specified barrier has not been breached; if the barrier is breached, the product converts into an outperformance certificate. With greater risk, multiple underlying assets (worst-of) allow for a higher bonus level or lower barrier, offering reduced risk compared to a direct investment in the underlying assets.

## Sub Class Of

- https://folio.openlegalstandard.org/R2Kr3kWHR9cR4zALXqt1nM

**Deprecated:** False