Skip to Content Julius Bär

7.35% p.a. JB Callable Barrier Reverse Convertible (80%) on Novartis

  • Valor 46392720
  • ISIN CH0463927209
  • Symbol SAFPJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles

Bid

%

Volumen:

Ask

%

Volumen:

Price

as of:
Performance since issue 0.00%
max. return 8.22%
max. return p.a. 6.96%
Distance to strike (%) 1.88%
Distance to barrier +21.50%
Delta NOVN=0.246
multiple Underlyings No
Days to maturity 432
SSPA VaR* 8.51%
SSPA RiskRating*
0 1 2 3 4 5 6 7

*All statements without guarantee.

Daily high (bid) 100.15
Daily low (bid) 99.75
52 Week high (bid) 101.00
52 Week low (bid) 99.00
Alltime high (bid) 101.00
Alltime low (bid) 99.00
Worst performing underlying Novartis Inc
Performance of the underlying since issue 1.91%
Issue date 26/04/2019
Value date 06/05/2019
Maturity date 27/07/2020
Redemption date 03/08/2020
Callability Yes
Issuer Bank Julius Baer & Co Ltd, Guernsey
Underlying Novartis Inc
Issue price 100.00
Currency CHF
Listing Yes
COSI No
Coupon p.a. 7.35%
Next coupon payment 06/08/2019
Strike 82.6
Barrier (%) 80.00%
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)

Novartis Inc

  • Ticker SymbolNOVN SW
  • Valor1200526
  • ISINCH0012005267

83.98 CHF

Back to top