Open End PERLES
Underlying: SMI Mid Total Return Index SSPA/EUSIPA Product Type: Tracker Certificates (1300) SIX symbol: SMITR / Valor: 2004037 / ISIN: CH0020040371
|Spread||2.00 CHF / 0.67%|
|Days to expiry||--|
|Trading place||SIX SP Exchange|
Tax information Switzerland
|Swiss income tax||No|
|Last trading date||Open end|
SSPA risk figures
|SSPA risk class||Medium (3)|
|SSPA risk calculated on||24.04.2017|
UBS Open End PERLES
With UBS Open End PERLES (PERformance Linked Equity Securities) or Open End Index Certificates, you participate in the performance of the underlying asset or an index or basket with unlimited duration. UBS Open End PERLES are therefore especially suitable for long-term investors. Once you have purchased them, you can remain permanently invested with UBS Open End PERLES without having to constantly worry about reinvestment.
Thus with UBS Open End PERLES you can simply and conveniently participate with only one transaction in the price potential of a broad equities market in one specific country (e.g. Switzerland, USA or China) or a whole region (e.g. Europe, Asia or Latin America) depending on the underlying asset. The potential fields of application however go beyond this, as the respective index (or equities/index basket) can be shaped individually and thus also refer to specific topics (e.g. water, uranium or BRIC states), selected sectors (e.g. automotive stocks, financial equities or pharma stocks) or investment styles (e.g. small caps, mid caps or blue chips).
The underlying index can track not only equities, but also other asset classes, such as bonds (e.g. credit-linked notes), currencies or commodities. UBS Open End PERLES are suitable for investors with a medium to high risk preference. Investors must take both the market risk and the issuer risk into consideration, since loss of the invested capital could occur if UBS AG becomes insolvent, regardless of the performance of the underlying asset.