Open End Turbo Call WarrantRichemont35.960038 CHF53.75%1.8320:1Open endCHF2.142.15
Open End Turbo Call WarrantSonova53.394558 CHF60.48%1.6350:1Open endCHF1.661.67
Open End Turbo Call WarrantGivaudan519.591499 CHF71.07%1.40250:1Open endCHF5.215.22
Open End Turbo Call WarrantDAX7'768.484 EUR35.24%2.83500:1Open endCHF9.099.10
Open End Turbo Call WarrantS&P 500 Index1'807.368 USD22.72%4.37100:1Open endCHF5.265.27
Open End Turbo Call WarrantNetflix76.078406 USD46.80% 10:7Open endCHF46.150.00
Open End Turbo Put WarrantEuro STOXX 50 EUR Price Index3'715.442 EUR8.10%11.081000:1Open endCHF0.320.33
Open End Turbo Put WarrantEuro STOXX 50 EUR Price Index3'526.955 EUR2.61%30.541000:1Open endCHF0.110.12
Open End Turbo Call WarrantAlibaba58.043682 USD46.21%2.1410:1Open endCHF4.964.98
Open End Turbo Call WarrantEuro STOXX 50 EUR Price Index2'454.829 EUR28.58%3.421000:1Open endCHF1.071.08
Open End Turbo Call WarrantEuro STOXX 50 EUR Price Index2'660.75 EUR22.59%4.301000:1Open endCHF0.850.86
Open End Turbo Call WarrantDAX8'926.86 EUR25.59%3.881000:1Open endCHF3.313.32
Open End Turbo Call WarrantSMI PR Index6'470.563 CHF24.71%3.99500:1Open endCHF4.314.32
Open End Turbo Call WarrantSMI PR Index6'634.466 CHF22.81%4.31500:1Open endCHF3.994.00
Open End Turbo Call WarrantLafargeHolcim35.882738 CHF36.99%2.6515:1Open endCHF1.431.44
Open End Turbo Call WarrantSwiss Re67.466492 CHF24.32%4.0020:1Open endCHF1.111.12
Open End Turbo Call WarrantSMI PR Index6'815.404 CHF20.70%4.75500:1Open endCHF3.623.63
Open End Turbo Call WarrantSMI PR Index6'946.081 CHF19.18%5.12500:1Open endCHF3.363.37
Open End Turbo Call WarrantSMI PR Index7'076.757 CHF17.66%5.55500:1Open endCHF3.103.11
Open End Turbo Call WarrantSMI PR Index7'207.423 CHF16.14%6.05500:1Open endCHF2.842.85
  • 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".