Turbo's (Limited and/or BEST Turbo's) offer no guaranty in capital. The leverage effect of Turbo's works both upwards and downwards. The value of Turbo's (Limited and/or BEST Turbo's) can strongly vary and Turbo's (Limited and/or BEST Turbo's) can partially or totally lose their value. For Turbo's (Limited and/or BEST Turbo's) with a high leverage effect, the knock-out level is close to the price level of the underlying. The investor suffers therefore additional risk since a high leverage can increase the negative return if the investor’s scenario is not validated. This implies that the risk of reaching the knock-out level is higher. This risk increases for the investor with longer holding periods. When the knock-out level is reached, the Limited and BEST Turbo's have no residual value. The investment return will always be negative when the knock-out level is reached. This implies that the risk that the investor has to suffer a negative return with Turbo's (Limited and/or BEST Turbo's) is higher with Turbo's with a higher leverage than with Turbo's with a lower leverage. Turbo's (Limited and/or BEST Turbo's) are only suitable as a short term investment for experimented and active investors with understanding of the characteristics and risks of Turbo's (Limited and/or BEST Turbo's).
The investors are advised before investing in Turbo's (Limited and/or BEST Turbo's) to consult the description, risk factors and costs as set out in the Base prospectus and determine whether (Limited and/or BEST) Turbo's are suitable for them. The Base prospectus of Citi (Limited and/or BEST) Turbo's is approved by the BaFin (the German financial regulator) and passported to the AFM.
The prospectus, the related supplements and the final terms can be obtained from Citigroup Global Markets Europe AG, New Issues and Structuring, Frankfurter Welle – Reuterweg 16 – 60323 Frankfurt am Main, Germany and are available on
www.citifirst.com.