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8.50% p.a. JB Multi Barrier Reverse Convertible (59%) with Lock-In on Alexion Pharmaceuticals Inc, Boston Scientific Corp, Gilead Sciences Inc

  • Valor 51872743
  • ISIN CH0518727430
  • Symbol MDIIJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles

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as of:
Barrier hit event occurred on 23/03/2020.
Performance since issue -5.50%
max. return 8.05%
max. return p.a. 27.07%
Distance to strike (%) -2.03%
Distance to barrier Barrier touched on: 23/03/2020
Delta ALXN_FIX=0.0,​BSX=0.256,​GILD=0.525
multiple Underlyings Yes
days to maturity 110
Summary Risk Indicator (SRI)*
1 2 3 4 5 6 7

*All statements without guarantee.

Daily high (bid) 94.70
Daily low (bid) 94.00
52 Week high (bid) 99.90
52 Week low (bid) 76.55
Alltime high (bid) 100.35
Alltime low (bid) 62.20
Worst performing underlying Gilead Sciences Inc.
Performance of the underlying since issue -1.99%
Initial fixing date 06/02/2020
Issue date 06/02/2020
Next coupon payment 15/11/2021
Maturity date 07/02/2022
Callability No
Issuer Bank Julius Baer & Co. Ltd., Guernsey
Underlying Alexion Pharmaceuticals Inc
Gilead Sciences Inc.
Boston Scientific Corp
Issue price 100.00
Currency USD
Listing Yes
COSI No
Coupon p.a. 8.50%
Strike 100%
Barrier (%) 59.00%
Barrier observation continuous
Quanto No
Trigger Barrier 105.00%
Trigger Step-Down 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)

Alexion Pharmaceuticals Inc

  • Ticker SymbolALXN_FIX
  • Valor440290000
  • ISINALXN_FIX_Syn

USD

Gilead Sciences Inc.

  • Ticker SymbolGILD UW
  • Valor935700
  • ISINUS3755581036

66.85 USD

Boston Scientific Corp

  • Ticker SymbolBSX US
  • Valor913577
  • ISINUS1011371077

44.43 USD

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