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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
  • SVSP Code 1230

Bid

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Price

as of:
The product was early redeemed on 19/12/2019.
Delta AAPL=-0.0,​GOOGL=-0.001,​MSFT=0.001
multiple Underlyings Yes
days to maturity 276

*All statements without guarantee.

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-CL A
Issue price 100.00
Currency USD
Listing Yes
COSI No
Coupon p.a. 9.40%
Strike 100%
Barrier (%) 60.00%
Barrier observation continuous
Quanto No
Trigger Step-Down 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

403.79 USD

Apple Inc

  • Ticker SymbolAAPL UW
  • Valor908440
  • ISINUS0378331005

166.79 USD

ALPHABET INC-CL A

  • Ticker SymbolGOOGL UW
  • Valor29798540
  • ISINUS02079K3059

155.39 USD

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