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6.00% p.a. JB Callable Barrier Reverse Convertible (80%) on Novartis AG

  • Valor 128484882
  • ISIN CH1284848822
  • Symbol SAEIJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles
  • SVSP Code 1230

Bid

%

Volume:

Ask

%

Volume:

Price

as of:

Key values

Performance since issue -0.45%
max. return 5.16%
max. return p.a. 5.98%
Distance to strike (%) 5.00%
Distance to barrier +24.00%
Delta NOVN_SDZ=0.199

Basic values

multiple Underlyings No
days to maturity 315
Summary Risk Indicator (SRI)*
1 2 3 4 5 6 7

*All statements without guarantee.

Performance

Daily high (bid) 99.55
Daily low (bid) 99.40
52 Week high (bid) 100.15
52 Week low (bid) 94.85
Alltime high (bid) 100.15
Alltime low (bid) 94.85
Worst performing underlying Novartis Sandoz Basket
Performance of the underlying since issue 5.26%

Agenda

Initial fixing date 19/09/2023
Issue date 26/09/2023
Next coupon payment 26/06/2024
Maturity date 19/03/2025
Callability Yes

Key values at issue

Issuer Bank Julius Baer & Co. Ltd., Guernsey
Underlying Novartis Sandoz Basket
Issue price 100.00
Currency CHF
Listing Yes
COSI No
Coupon p.a. 6.00%
Strike 92
Barrier (%) 80.00%
Barrier observation continuous
Quanto No
Trigger Barrier 80.00%
Trigger Step-Down Yes

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

Novartis Sandoz Basket

  • Ticker SymbolNOVN_SDZ SW
  • Valor129895869
  • ISINDE000A3EVDT4

CHF

UnderlyingValorISINPriceStrikeBarrier absoluteRatio
Novartis Sandoz Basket 129895869 DE000A3EVDT4 92 73.6

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