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8.50% p.a. JB Callable Multi Barrier Reverse Convertible (60%) on Deutsche Lufthansa, Boeing, Airbus

  • Valor 46660908
  • ISIN CH0466609085
  • Symbol MCKWJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles








as of:
Barrier hit event occurred on 13/08/2019.
Performance since issue -30.15%
max. return 49.53%
max. return p.a. 82.17%
Distance to strike (%) -51.15%
Distance to barrier Barrier touched on: 13/08/2019
Delta AIR=0.02,​BA=0.051,​LHA=0.626
multiple Underlyings Yes
days to maturity 220
SSPA VaR* 16.09%
SSPA RiskRating*
0 1 2 3 4 5 6 7

*All statements without guarantee.

Daily high (bid) 69.95
Daily low (bid) 69.00
52 Week high (bid) 99.80
52 Week low (bid) 60.30
Alltime high (bid) 99.80
Alltime low (bid) 60.30
Worst performing underlying Deutsche Lufthansa AG
Performance of the underlying since issue -33.84%
Initial fixing date 18/04/2019
Issue date 18/04/2019
Maturity date 20/04/2020
Redemption date 27/04/2020
Callability Yes
Issuer Bank Julius Baer & Co. Ltd., Guernsey
Underlying Airbus Ltd
Deutsche Lufthansa AG
The Boeing Co
Issue price 100.00
Currency EUR
Listing Yes
Coupon p.a. 8.50%
Next coupon payment 29/10/2019
Strike 100%
Barrier (%) 60.00%
Barrier observation continuous
Quanto Yes
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)

Airbus Ltd

  • Ticker SymbolAIR FP
  • Valor1095306
  • ISINNL0000235190

125.96 EUR

Deutsche Lufthansa AG

  • Ticker SymbolLHA GY
  • Valor667979
  • ISINDE0008232125

14.95 EUR

The Boeing Co

  • Ticker SymbolBA UN
  • Valor913253
  • ISINUS0970231058

379.82 USD

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