Coupon distributed even if underlying drops

Phoenix

The investor receives a coupon on each observation if the underlying is above the coupon level. If the underlying is above the early redemption level, the automatic early redemption mechanism is then activated and the product stops. Capital is protected up to the protection level (activation depends on the type of protection).

Name	Isin	Underlyings	Currency
Eurostoxx Rendement Novembre 2018	FR0013367216	Euro Stoxx 50	EUR	Called
Rendement Banques 2019	FR0013436102	Euro Stoxx Banks	EUR	Called
Eurostoxx Rendement Novembre 2019	FRSG00010CC1	Euro Stoxx 50	EUR	Called
Phoenix SX7E	XS1881358383	Euro Stoxx Banks	EUR	Called
Phoenix Indice SOLKESG	FR0013310356	Solactive Euro 50 ESG 5.5% AR Index	EUR	Called
ADP Rendement Décembre 2019	FRSG00010G16	Euro Stoxx Banks	EUR	Called
Best-Stoxx	FR0012637320	Euro iStoxx EWC 50	EUR	Called
Phoenix Autocall Déclic LVMH/Total/CAC	FR0013399235	LVMH, TotalEnergies, CAC 40	EUR	Called
Phoenix Autocall Pernod Ricard/L'Oréal/Air Liquide	FR0013412335	Air Liquide, Pernod Ricard, L'Oréal	EUR	Called
Rendement Semestriel EWC 2017	FR0013287034	Euro iStoxx EWC 50	EUR	Called
Eurostoxx Rendement Septembre 2019	FRSG00010AU7	Euro Stoxx 50	EUR	Called
Privilège 2030	FR0013466786	Kering	EUR	Called
Rendement Trimestriel EWC Juin 2019	FR0013407129	Euro iStoxx EWC 50	EUR	Called
Phoenix Action Bouygues SA	FRSG00010TE1	Bouygues	EUR	Called
Millesime Printemps 2017	FR0013240132	Euro Stoxx 50	EUR	Called
Phoenix Axa SA	CH0519699935	AXA	EUR	Called
Phoenix Eurostoxx 50	FR0013284874	Euro Stoxx 50	EUR	Called
Phoenix SX5E	FRSG00010SW5	Euro Stoxx 50	EUR	Called
Autocall Coupon Février 2019	FR0013375417	CAC Large 60 EW ER	EUR	Called
Hexagone Semestriel Août 2019	FR0013426624	CAC Large 60 EW ER	EUR	Called

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