10.00% p.a. JB Callable Multi Barrier Reverse Convertible (59%) on Nestle SA, Novartis AG, Roche Holding AG, UBS Group AG, Zurich Insurance Group AG
-
Valor
136733101
-
ISIN
CH1367331019
-
Symbol
MBNZJB
- SVSP Category Yield enhancement
- SVSP Type Barrier Reverse Convertibles
- SVSP Code 1230
Bid
%Volume:
Ask
%Volume:
Price
as of:Distance to strike (%) | -0.88% |
Distance to barrier | +40.48% |
Delta | NESN=0.056,NOVN=0.106,ROG=0.123,UBSG=0.241,ZURN=0.129 |
multiple Underlyings | Yes | |||||||
days to maturity | 522 | |||||||
Summary Risk Indicator (SRI)* |
|
*All statements without guarantee.
JB ESG Category | Traditional investment |
SFDR Alignment (JB View) | No |
EU Taxonomy Aligned | No |
% of EU Taxonomy Alignment | 0.00% |
Daily high (bid) | 99.25 |
Daily low (bid) | 98.10 |
52 Week high (bid) | 99.25 |
52 Week low (bid) | 98.10 |
Alltime high (bid) | 99.25 |
Alltime low (bid) | 98.10 |
Worst performing underlying | Zurich Insurance Group Ltd |
Performance of the underlying since issue | -0.87% |
Initial fixing date | 19/12/2024 |
Issue date | 30/12/2024 |
Next coupon payment | 30/01/2025 |
Maturity date | 29/05/2026 |
Callability | Yes |
Issuer | Bank Julius Baer & Co. Ltd., Guernsey |
Underlying |
Nestlé Ltd Novartis Inc UBS Group Inc Roche Holding Ltd Zurich Insurance Group Ltd |
Issue price | 100.00 |
Currency | CHF |
Listing | Yes |
COSI | No |
Coupon p.a. | 10.00% |
Strike | 100% |
Barrier (%) | 59.00% |
Barrier observation | continuous |
Quanto | No |
Trigger Barrier | 59.00% |
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)
Nestlé Ltd
- Ticker SymbolNESN SE
- Valor3886335
- ISINCH0038863350
73.98 CHF
Novartis Inc
- Ticker SymbolNOVN SW
- Valor1200526
- ISINCH0012005267
86.72 CHF
UBS Group Inc
- Ticker SymbolUBSG SW
- Valor24476758
- ISINCH0244767585
26.71 CHF
Roche Holding Ltd
- Ticker SymbolROG SW
- Valor1203204
- ISINCH0012032048
247.40 CHF
Zurich Insurance Group Ltd
- Ticker SymbolZURN SW
- Valor1107539
- ISINCH0011075394
533.00 CHF
Underlying | Valor | ISIN | Price | Strike | Barrier absolute | Ratio |
---|---|---|---|---|---|---|
Nestlé Ltd | 3886335 | CH0038863350 | +0.00% | 74.2 | 43.778 | |
Novartis Inc | 1200526 | CH0012005267 | +0.00% | 87.04 | 51.3536 | |
UBS Group Inc | 24476758 | CH0244767585 | +0.00% | 26.89 | 15.8651 | |
Roche Holding Ltd | 1203204 | CH0012032048 | +0.00% | 246.7 | 145.553 | |
Zurich Insurance Group Ltd | 1107539 | CH0011075394 | +0.00% | 538.2 | 317.538 |