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9.50% p.a. JB Callable Multi Barrier Reverse Convertible (55%) on Roche Holding AG, Nestle SA, Novartis AG, Zurich Insurance Group AG

  • Valor 128267057
  • ISIN CH1282670574
  • Symbol MANHJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles
  • SVSP Code 1230

Bid

%

Volume:

Ask

%

Volume:

Price

as of:

Key values

Performance since issue -0.80%
max. return 3.61%
max. return p.a. 10.01%
Distance to strike (%) -24.00%
Distance to barrier +31.80%
Delta NESN=0.197,​NOVN_SDZ=0.002,​ROG=0.072,​ZURN=0.012

Basic values

multiple Underlyings Yes
days to maturity 133
Summary Risk Indicator (SRI)*
1 2 3 4 5 6 7

*All statements without guarantee.

ESG

JB ESG Category No data
SFDR Alignment (JB View) No
EU Taxonomy Aligned No

Performance

Daily high (bid) 99.20
Daily low (bid) 98.55
52 Week high (bid) 99.95
52 Week low (bid) 91.55
Alltime high (bid) 99.95
Alltime low (bid) 91.55
Worst performing underlying Nestlé Ltd
Performance of the underlying since issue -19.35%

Agenda

Initial fixing date 22/09/2023
Issue date 29/09/2023
Next coupon payment 30/06/2025
Maturity date 22/09/2025
Callability Yes

Key values at issue

Issuer Bank Julius Baer & Co. Ltd., Guernsey
Underlying Nestlé Ltd
Novartis Sandoz Basket
Roche Holding Ltd
Zurich Insurance Group Ltd
Issue price 100.00
Currency USD
Listing Yes
COSI No
Coupon p.a. 9.50%
Strike 100%
Barrier (%) 55.00%
Barrier observation continuous
Quanto Yes
Trigger Barrier 55.00%
Trigger Step-Down No

documents

Corporate Action

PRIIPs KID

Terms

Termsheet

Description

Payment Scenario Barrier Reverse Convertibles
market expectation
characteristics
Payment Scenario Barrier Reverse Convertibles
  • 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)
>Please refer to SSPA website for more information

Performance

Underlying

Nestlé Ltd

  • Ticker SymbolNESN SW
  • Valor3886335
  • ISINCH0038863350

86.21 CHF

Novartis Sandoz Basket

  • Ticker SymbolNOVN_SDZ SW
  • Valor129895869
  • ISINDE000A3EVDT4

CHF

Roche Holding Ltd

  • Ticker SymbolROG SW
  • Valor1203204
  • ISINCH0012032048

261.90 CHF

Zurich Insurance Group Ltd

  • Ticker SymbolZURN SW
  • Valor1107539
  • ISINCH0011075394

576.80 CHF

UnderlyingValorISINPriceStrikeBarrier absoluteRatio
Nestlé Ltd 3886335 CH0038863350 -1.64% 106.9 58.795
Novartis Sandoz Basket 129895869 DE000A3EVDT4 91.94 50.567
Roche Holding Ltd 1203204 CH0012032048 +1.67% 249.4 137.17
Zurich Insurance Group Ltd 1107539 CH0011075394 -0.72% 426.9 234.795
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