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9.60% p.a. JB Callable Multi Barrier Reverse Convertible (65%) on Mastercard, Visa Inc, American Express

  • Valor 47566520
  • ISIN CH0475665201
  • Symbol MCOBJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles








as of:
Performance since issue -1.80%
max. return 8.15%
max. return p.a. 11.79%
Distance to strike (%) 0.48%
Distance to barrier +35.31%
Delta AXP=0.131,​MA=0.065,​V=0.056
multiple Underlyings Yes
days to maturity 252
SSPA VaR* n.a.
SSPA RiskRating* n.a.

*All statements without guarantee.

Daily high (bid) 98.40
Daily low (bid) 98.05
52 Week high (bid) 101.55
52 Week low (bid) 97.50
Alltime high (bid) 101.55
Alltime low (bid) 97.50
Worst performing underlying American Express Co
Performance of the underlying since issue 0.48%
Initial fixing date 23/05/2019
Issue date 23/05/2019
Maturity date 26/05/2020
Redemption date 02/06/2020
Callability Yes
Issuer Bank Julius Baer & Co. Ltd., Guernsey
Underlying Mastercard Inc
American Express Co
Visa Inc
Issue price 100.00
Currency USD
Listing Yes
Coupon p.a. 9.60%
Next coupon payment 02/12/2019
Strike 100%
Barrier (%) 65.00%
Barrier observation continuous
Quanto No
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)

Mastercard Inc

  • Ticker SymbolMA UN
  • Valor2282206
  • ISINUS57636Q1040

276.24 USD

American Express Co

  • Ticker SymbolAXP US
  • Valor906153
  • ISINUS0258161092

119.03 USD

Visa Inc

  • Ticker SymbolV UN
  • Valor3826452
  • ISINUS92826C8394

176.42 USD

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