Multi Barrier Reverse Convertible with Lock-in on Oil Stocks
Following the escalation of the geopolitical situation in the Middle East, Julius Baer research reiterate the bullish view on the oil & gas sector. Oil & gas stocks are attractively valued and show a positive correlation to a bottoming of global macroeconomic momentum. Moreover, oil & gas stocks are typically late cyclical and, historically, tend to outperform during the last two years of the equity cycle.
The following product offers an unique opportunity to lock-in a 100% capital protected note with guaranteed coupon in case the positive scenarios are met.
- Chance of 100% capital protection (Lock-In event)
- 7.50% p.a. guaranteed coupon in USD
- 70% European barrier
- 105% Lock-In trigger (on monthly observation)