Open End PERLES

Underlying: Solactive Robotics and Drones Total Return Index SSPA/EUSIPA Product Type: Tracker Certificates (1300) SIX symbol: ROBEU / Valor: 24321703 / ISIN: CH0243217038

Last update 08.12.2016
  • Bid

    170.20 EUR
    Volume: 1'000

  • Ask

    172.80 EUR
    Volume: 1'000

Key figures

Participation100%
Spread2.60 EUR / 1.50%
Days to expiry--
Trading placeSIX SP Exchange
Settlementcash

Tax information Switzerland

Withholding taxNo
Swiss income taxNo
EU savings taxNo
Stamp taxNo

Product calendar

Fixing date23.05.2014
Last trading dateOpen end
ExpiryOpen end

SSPA risk figures

SSPA risk classMedium (3)
SSPA VaR8.68%
SSPA risk calculated on05.12.2016

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.