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10.03% p.a. JB Multi Barrier Reverse Convertible (50% European) on Moderna Inc, BioNTech SE, Pfizer Inc

  • Valor 110332675
  • ISIN CH1103326752
  • Symbol MEKYJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles

Bid

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Price

as of:
Performance since issue -0.20%
max. return 9.28%
max. return p.a. 9.77%
Distance to strike (%) -4.98%
Distance to barrier +47.51%
Delta BNTX=0.159,​MRNA=0.28,​PFE=0.027
multiple Underlyings Yes
days to maturity 347
Summary Risk Indicator (SRI)*
1 2 3 4 5 6 7

*All statements without guarantee.

Daily high (bid) 100.15
Daily low (bid) 98.80
52 Week high (bid) 103.00
52 Week low (bid) 93.05
Alltime high (bid) 103.00
Alltime low (bid) 93.05
Worst performing underlying Moderna Inc
Performance of the underlying since issue -4.75%
Initial fixing date 16/04/2021
Issue date 16/04/2021
Next coupon payment 23/07/2021
Maturity date 19/04/2022
Callability No
Issuer Bank Julius Baer & Co. Ltd., Guernsey
Underlying Moderna Inc
Pfizer Inc
BioNTech SE
Issue price 100.00
Currency CHF
Listing Yes
COSI No
Coupon p.a. 10.03%
Strike 100%
Barrier (%) 50.00%
Barrier observation at the end
Quanto Yes
Trigger Step-Down 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)

Moderna Inc

  • Ticker SymbolMRNA UW
  • Valor44811242
  • ISINUS60770K1079

163.16 USD

Pfizer Inc

  • Ticker SymbolPFE US
  • Valor962004
  • ISINUS7170811035

39.27 USD

BioNTech SE

  • Ticker SymbolBNTX UW
  • Valor50030055
  • ISINUS09075V1026

183.73 USD

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