Speeder

Underlying: Amazon.com SSPA/EUSIPA Product Type: Outperformance Certificates (1310) Valor: 41480072 / ISIN: CH0414800729

Last update 12.12.2018
  • Bid

    5'283.36 USD
    Volume: 1

  • Ask

    5'333.36 USD
    Volume: 1

Key figures

Strike absolute1'576.12 USD
Participation200.00%
Sideways return-- / --
Spread50.00 USD / 0.94%
Days to expiry153
Settlementphysical

Tax information Switzerland

Withholding taxNo
Swiss income taxNo
Stamp taxYes

Product calendar

Fixing date15.05.2018
Last trading date15.05.2019
Expiry15.05.2019

Cap information

Cap absolute1'816.45 USD
Distance to cap1)9.19%

UBS Speeder

With UBS Speeder, investors with a moderate-to-high risk tolerance can position themselves on the markets for the short sprint. UBS Speeder, also known as "Capped Outperformance Certificates" are a variant of the classic leveraged PERLES. However, UBS Speeder has limited return opportunities. Participation in potential price gains of the underlying asset (e.g. index, equity, currency pair or precious metal) is carried out to the cap level and no further. Due to this limitation on gains, UBS Speeder typically has a higher participation rate compared to the leveraged PERLES when the prices of the underlying asset are rising.

If the prices of the underlying asset and the Certificate are the same at the time of entry, the downside risk of UBS Speeder is equivalent to that of a direct investment: if the price of the underlying asset at maturity trades below the strike price, a cash settlement is usually made that reflects the price drop of the underlying asset. In this case, the capital invested is lost, as in a direct investment. In addition, the issuer risk must be taken into consideration, since the capital invested could be lost if UBS AG becomes insolvent – irrespective of the performance of the underlying asset.

A more detailed product description is available in our brochure "Knowledge in a nutshell".

1) Prices are 15 Min. delayed