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9.10% p.a. JB Multi Barrier Reverse Convertible (60%) with Lock-In on AXA SA, Commerzbank AG, UniCredit SpA

  • Valor 136733116
  • ISIN CH1367331167
  • Symbol MBOOJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles
  • SVSP Code 1230

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The product is currently open for subscription.
multiple Underlyings Yes
Summary Risk Indicator (SRI)*
1 2 3 4 5 6 7

*All statements without guarantee.

JB ESG Category Traditional investment
SFDR Alignment (JB View) No
EU Taxonomy Aligned No
% of EU Taxonomy Alignment 0.00%
Initial fixing date 29/11/2024
Issue date 06/12/2024
Next coupon payment 06/03/2025
Maturity date 01/12/2025
Callability No
Issuer Bank Julius Baer & Co. Ltd., Guernsey
Underlying Commerzbank AG
UniCredit SpA
AXA SA
Issue price 100.00
Currency CHF
Listing Yes
COSI No
Coupon p.a. 9.10%
Strike 100%
Barrier (%) 60.00%
Barrier observation continuous
Quanto Yes
Trigger Barrier 105.00%
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)

Commerzbank AG

  • Ticker SymbolCBK GY
  • Valor21170377
  • ISINDE000CBK1001

15.35 EUR

UniCredit SpA

  • Ticker SymbolUCG IM
  • Valor35395118
  • ISINIT0005239360

38.09 EUR

AXA SA

  • Ticker SymbolCS FP
  • Valor486352
  • ISINFR0000120628

34.08 EUR

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