100% CPN on Pimco Funds Global Investors Series Plc Income Fund

Underlying: PIMCO Funds Global Investors Series plc - Income Fund SSPA/EUSIPA Product Type: Capital Protection Certificate with Participation (1100) Valor: 38955129 / ISIN: CH0389551299

Last update 18.01.2019
  • Bid

    94.52 %
    Volume: 1'000

  • Ask

    95.52 %
    Volume: 1'000

Key figures

Strike absolute13.14 EUR
Capital protection100.00%
Days to expiry673

Tax information Switzerland

Withholding taxNo
Swiss income taxYes
Stamp taxYes

Product calendar

Fixing date24.11.2017
Last trading date23.11.2020

UBS Capital Protection Note

UBS Capital Protected Notes, or CPNs, have capital protection at maturity and at the same time offer the earning potential that can arise from the capital markets. To this end, CPNs (at least partly) participate in the price movements of selected underlying assets (e.g. index, equity basket or commodities and currencies). The structure offers uncapped participation in a possibly positive performance of the selected underlying asset. The pre-determined participation rate can vary. Depending on the product features, it can be proportional (either negative or positive) to the performance of the underlying asset. In general, higher capital protection is at the cost of the participation rate in price movements. Depending on the features, the capital protection at the end of the mostly several-year term is between 90 and 100 percent of the nominal amount.

With a capital protection of less than 100 percent, the nominal amount at maturity is not fully secured. A price increase of the underlying asset by maturity is needed to bridge the difference between the level of capital protection and 100 percent of the nominal amount and avoid losses at maturity.