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9.40% p.a. JB Callable Multi Barrier Reverse Convertible (60%) on Alphabet Inc - Class A, Microsoft, Apple Inc

  • Valor 46254045
  • ISIN CH0462540458
  • Symbol MCJCJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles

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as of:
Performance since issue -3.60%
max. return 15.35%
max. return p.a. 12.39%
Distance to strike (%) -13.55%
Distance to barrier +31.87%
Delta AAPL=0.13,​GOOGL=0.237,​MSFT=0.05
multiple Underlyings Yes
Observation days to maturity 454
SSPA VaR* 20.10%
SSPA RiskRating*
0 1 2 3 4 5 6 7

*All statements without guarantee.

Daily high (bid) 97.10
Daily low (bid) 96.30
52 Week high (bid) 100.80
52 Week low (bid) 91.60
Alltime high (bid) 100.80
Alltime low (bid) 91.60
Worst performing underlying Alphabet Inc
Performance of the underlying since issue -11.93%
Initial fixing date 21/03/2019
Issue date 21/03/2019
Maturity date 21/09/2020
Redemption date 28/09/2020
Callability Yes
Issuer Bank Julius Baer & Co. Ltd., Guernsey
Underlying Microsoft Corp
Apple Inc
Alphabet Inc
Issue price 100.00
Currency USD
Listing Yes
COSI No
Coupon p.a. 9.40%
Next coupon payment 28/06/2019
Strike 100%
Barrier (%) 60.00%
Barrier observation continuous
Quanto No
Payment Scenario Barrier Reverse Convertibles
market expectation
characteristics
  • 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)

Microsoft Corp

  • Ticker SymbolMSFT UW
  • Valor951692
  • ISINUS5949181045

133.44 USD

Apple Inc

  • Ticker SymbolAAPL UW
  • Valor908440
  • ISINUS0378331005

195.58 USD

Alphabet Inc

  • Ticker SymbolGOOGL UW
  • Valor29798540
  • ISINUS02079K3059

1088.64 USD

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