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9.80% p.a. JB Callable Multi Barrier Reverse Convertible (60%) on LafargeHolcim, Clariant, VAT Group AG

  • Valor 47566517
  • ISIN CH0475665177
  • Symbol MCNYJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles

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as of:
Performance since issue -1.85%
max. return 15.55%
max. return p.a. 11.00%
Distance to strike (%) -7.37%
Distance to barrier +35.58%
Delta CLN=0.088,​LHN=0.287,​VACN=0.237
multiple Underlyings Yes
Observation days to maturity 518
SSPA VaR* 22.50%
SSPA RiskRating*
0 1 2 3 4 5 6 7

*All statements without guarantee.

Daily high (bid) 99.20
Daily low (bid) 98.00
52 Week high (bid) 101.30
52 Week low (bid) 95.35
Alltime high (bid) 101.30
Alltime low (bid) 95.35
Worst performing underlying LafargeHolcim Ltd
Performance of the underlying since issue -6.86%
Initial fixing date 22/05/2019
Issue date 22/05/2019
Maturity date 23/11/2020
Redemption date 30/11/2020
Callability Yes
Issuer Bank Julius Baer & Co. Ltd., Guernsey
Underlying VAT Group Ltd
LafargeHolcim Ltd
Clariant Ltd
Issue price 100.00
Currency CHF
Listing Yes
COSI No
Coupon p.a. 9.80%
Next coupon payment 29/08/2019
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)

VAT Group Ltd

  • Ticker SymbolVACN SW
  • Valor31186490
  • ISINCH0311864901

115.20 CHF

LafargeHolcim Ltd

  • Ticker SymbolLHN SW
  • Valor1221405
  • ISINCH0012214059

48.08 CHF

Clariant Ltd

  • Ticker SymbolCLN SE
  • Valor1214263
  • ISINCH0012142631

19.34 CHF

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