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2.70% p.a. JB Barrier Reverse Convertible (68.5%) on Novartis

  • Valor 45628169
  • ISIN CH0456281697
  • Symbol SABJJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles








as of:
Performance since issue n.a.
max. return 3.85%
max. return p.a. 2.03%
Distance to strike (%) n.a.
Distance to barrier n.a.
Delta 0.004
multiple Underlyings No
days to maturity 694
SSPA VaR* 11.23%
SSPA RiskRating*
0 1 2 3 4 5 6 7

*All statements without guarantee.

Daily high (bid) 100.95
Daily low (bid) 100.65
52 Week high (bid) 101.85
52 Week low (bid) 98.40
Alltime high (bid) 101.85
Alltime low (bid) 98.40
Worst performing underlying n.a.
Performance of the underlying since issue n.a.
Initial fixing date 26/02/2019
Issue date 26/02/2019
Maturity date 26/02/2021
Redemption date 05/03/2021
Callability No
Issuer Bank Julius Baer & Co. Ltd., Guernsey
Underlying Novartis Alcon Basket
Issue price 100.00
Currency CHF
Listing Yes
Coupon p.a. 2.70%
Next coupon payment 05/09/2019
Strike 91.56
Barrier (%) 68.50%
Barrier observation continuous
Quanto No
Payment Scenario Barrier Reverse Convertibles
market expectation
  • Underlying moving sideways or slightly rising
  • Falling volatility
  • Underlying will not breach barrierduring product lifetime
  • Should the barrier never be breached, the nominal plus coupon is paid at redemption
  • Due to the barrier, the probability of maximum redemption is higher; the coupon, however, is smaller than for a Reverse Convertible
  • If the barrier is breached the product changes into a Reverse Convertible
  • The coupon is paid regardless of the underlying development
  • Reduced risk compared to a direct investment into the underlying
  • With higher risk levels, multiple underlyings (“Worst-of”) allow for higher coupons or lower barriers
  • Limited profit opportunity(cap)

Novartis Alcon Basket

  • Ticker SymbolNOVN_ALC
  • Valor9650140
  • ISINDE000A2X1TP1


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