UBS Structured Products

  Yield Enhancement products

Yield Enhancement product description
  • For investors with a moderate to high risk tolerance level that want to benefit from a sideways movement in an underlying.
  • Yield potential in sideways markets considerably higher - in some ranges twice as high - as with a direct investment. On the other hand, the investor forfeits the ability to benefit from the underlying's maximum yield potential.
  • Risk of loss regarding the capital invested. The investor, must, however, be prepared to receive only the underlying at maturity. Depending on the product, partial hedging (a risk buffer) may be possible, subject to certain conditions.
Yield Enhancement product table caption
Product Type Market Expectation Profit Risk
Reverse Convertible
(1220)
Flat or slightly rising market trend Maximum return (coupon amount) if underlying closes above strike on expiry Delivery of underlying or cash settlement on expiry (underlying may be worth less than invested capital)
Barrier Reverse Convertible
(1230)
Flat, slightly rising or slightly falling market trend. Maximum return (coupon amount) if underlying does not touch or fall below kick-in level at any time prior to expiry or if underlying closes above strike on expiry. Delivery of underlying or cash settlement on expiry (underlying may be worth less than invested capital); loss of capital protection if kick-in level touched.
Worst of Barrier Reverse Convertible
(1230)
Flat, slightly rising or slightly falling market trend. Maximum return (coupon amount) if no underlying touches or falls below kick-in level at any time prior to expiry or if all underlyings close above strike on expiry. Delivery of worst-performing underlying or cash settlement on expiry (underlying may be worth less than invested capital); loss of capital protection if any kick-in level touched.
Discount Certificate
(1200)
Flat, slightly rising or slightly falling market trend. Maximum return if underlying closes at or above cap level on expiry (cash payout equal to cap level). Delivery of underlying or cash settlement on expiry (underlying may be worth less than invested capital).
Barrier Discount Certificate
(1210)
Flat, slightly rising or slightly falling market trend. Maximum return if underlying does not touch or fall below kick-out level at any time prior to expiry. Delivery of underlying or cash settlement on expiry (underlying may be worth less than invested capital); loss of capital protection if kick-out level touched.

  Participation products

Participation product description
  • For investors with a medium to high risk tolerance level that want to benefit from the share price performance of an underlying without committing too much capital or spending too much on administration.
  • Yield potential depends on the type and composition of the underlying.
  • Risk of loss regarding the capital invested Depending on the product, partial hedging (a risk buffer) may also be possible, subject to certain conditions.
Participation product table caption
Product Type Market Expectation Profit Risk
Bonus Certificate
(1320)
Rising market trend. Unlimited, but at least predetermined redemption amount if underlying never touches or falls below kick-out level prior to expiry. Loss of capital protection if kick-out level touched; delivery of underlying or cash settlement of equivalent value of underlying on expiry; loss potential equivalent to that of direct investment in underlying.

Equity Investor

Product naming

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