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12.50% p.a. JB Callable Multi Barrier Reverse Convertible (60% European) on Newmont Mining, Kinross Gold, Freeport McMoRan Inc

  • Valor 46254060
  • ISIN CH0462540607
  • Symbol MCJRJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles

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as of:
Performance since issue -10.00%
max. return 25.92%
max. return p.a. 23.51%
Distance to strike (%) -26.34%
Distance to barrier +24.19%
Delta FCX=0.425,​KGC=0.232,​NEM=0.069
multiple Underlyings Yes
Days to maturity 404
SSPA VaR* n.a.
SSPA RiskRating* n.a.

*All statements without guarantee.

Daily high (bid) 91.25
Daily low (bid) 90.00
52 Week high (bid) 100.90
52 Week low (bid) 89.85
Alltime high (bid) 100.90
Alltime low (bid) 89.85
Worst performing underlying Freeport McMoRan Inc
Performance of the underlying since issue -20.85%
Issue date 27/03/2019
Value date 03/04/2019
Maturity date 29/06/2020
Redemption date 06/07/2020
Callability Yes
Issuer Bank Julius Baer & Co Ltd, Guernsey
Underlying Newmont Goldcorp Corp
Kinross Gold Corp
Freeport McMoRan Inc
Issue price 100.00
Currency GBP
Listing Yes
COSI No
Coupon p.a. 12.50%
Next coupon payment 03/07/2019
Strike 100%
Barrier (%) 60.00%
Barrier observation at the end
Quanto Yes
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)

Newmont Goldcorp Corp

  • Ticker SymbolNEM UN
  • Valor956952
  • ISINUS6516391066

31.32 USD

Kinross Gold Corp

  • Ticker SymbolKGC UN
  • Valor1977416
  • ISINCA4969024047

3.12 USD

Freeport McMoRan Inc

  • Ticker SymbolFCX UN
  • Valor391280
  • ISINUS35671D8570

10.06 USD

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