Open End Turbo Call WarrantDAX8'056.651215 EUR35.46%2.79500:1Open endCHF10.2010.30
Open End Turbo Call WarrantS&P 500 Index1'825.626 USD33.55%3.02100:1Open endCHF8.438.44
Open End Turbo Call WarrantNetflix79.06481 USD72.35% 10:7Open endCHF131.70--
Open End Turbo Call WarrantAlibaba60.322146 USD68.79%1.4510:1Open endCHF12.3512.45
Open End Turbo Call WarrantDAX9'151.593119 EUR26.69%3.711000:1Open endCHF3.873.879
Open End Turbo Call WarrantSMI PR Index6'506.036 CHF27.29%3.62500:1Open endCHF4.954.96
Open End Turbo Call WarrantSMI PR Index6'674.14 CHF25.41%3.88500:1Open endCHF4.624.63
Open End Turbo Call WarrantSwiss Re65.969816 CHF32.30%3.0420:1Open endCHF1.601.61
Open End Turbo Call WarrantSMI PR Index6'859.717 CHF23.34%4.22500:1Open endCHF4.254.26
Open End Turbo Call WarrantSMI PR Index6'993.744 CHF21.84%4.50500:1Open endCHF3.983.99
Open End Turbo Call WarrantSMI PR Index7'127.77 CHF20.34%4.83500:1Open endCHF3.713.72
Open End Turbo Call WarrantSMI PR Index7'261.786 CHF18.85%5.21500:1Open endCHF3.443.45
Open End Turbo Call WarrantSMI PR Index7'395.812 CHF17.35%5.65500:1Open endCHF3.173.18
Open End Turbo Call WarrantSMI PR Index7'529.838 CHF15.85%6.15500:1Open endCHF2.912.92
Open End Turbo Call WarrantABB15.911724 CHF31.74%3.065:1Open endCHF1.531.54
Open End Turbo Call WarrantABB17.108199 CHF26.61%3.625:1Open endCHF1.291.30
Open End Turbo Put WarrantAryzta43.526328 CHF83.89%1.1120:1Open endCHF1.021.04
Open End Turbo Call WarrantBB Biotech42.267387 CHF38.88%2.5125:1Open endCHF1.091.11
Open End Turbo Call WarrantRichemont50.889082 CHF39.50%2.4820:1Open endCHF1.701.71
Open End Turbo Call WarrantGeberit345.480598 CHF19.17%5.0260:1Open endCHF1.421.43
  • 10 per page
  • 20 per page
  • 50 per page
  • 100 per page

Warrant with knock-out (UBS Turbo Warrants)

In the case of UBS Turbo Warrants, also known as Turbos, the name says it all. With these investment instruments, investors who are willing to take risks can shift into turbo and considerably increase their yield potential. Call Turbos speculate on rising and Put Turbos on falling prices of the underlying asset (e.g. equities, indices, currency pairs, interest rates, commodities). During the term, the strike for Call Turbos is below the price of the underlying asset and for Put Turbos it is above it.

Turbos are less expensive than Vanilla Warrants and thus generally provide more leverage. However, investors have to pay a price for the opportunity to earn higher returns in the form of increased risk, as the strike also acts as a stop loss marker and is therefore also referred to as a knock-out barrier. This barrier should not be reached or exceeded. If an investor bets on rising prices by buying a Turbo Call Warrant and the underlying asset hits or breaches the barrier, the Turbo Call Warrant expires immediately without value – its term ends prematurely. A Turbo Put Warrant on the other hand is geared towards falling markets. If the underlying asset belies expectations and moves to or above the barrier, the Turbo Warrant has to be written off as worthless. In other words, in the case of UBS Turbos, breach of a barrier amounts to a total loss of the capital invested.

In addition, investors must take into consideration the issuer risk, since loss of the invested capital could occur if UBS AG becomes insolvent, regardless of the performance of the underlying asset and other market parameters.

You can find a more detailed product description in our brochure "Knowledge in a nutshell".