Capped PERLES Plus

Underlying: S&P 500 Index SSPA/EUSIPA Product Type: Bonus Certificates (1320) Valor: 54098300 / ISIN: CH0540983001

Last update 27.11.2020
  • Bid

    1'152.12 USD
    Volume: 100

  • Ask

    1'162.12 USD
    Volume: 100

Key figures

Strike absolute2'820.00 USD
Bid - Ask spread10.00 USD / 0.86%
Days to expiry352

Product calendar

Fixing date13.05.2020
Last trading date15.11.2021
Barrier touch dateNot touched

Barrier information

Barrier absolute1'931.70 USD
Distance barrier level1)46.91%
Barrier touchedNo

Cap information

Cap absolute3'525.00 USD
Distance to cap1)-3.12%
Sideways return7.56% / 7.69% p.a.
Max return p.a.7.69% p.a.


UBS PERLES Plus or Bonus Certificates offer you attractive yield opportunities even if the underlying asset (e.g. equity or index) does not significantly gain in value as expected, since UBS PERLES Plus enable you to improve yields in sideways markets depending on the product features in addition to the unlimited earnings opportunity. As an investor, you participate unconditionally 1:1 in a potential positive performance of the underlying asset. In exchange for the dividend of the underlying asset, UBS PERLES Plus offers you conditional partial protection, i.e. should the underlying asset never be listed at or below a predefined barrier (kick-out level) during the term, a minimum repayment is effected at maturity, which corresponds to the predefined PERLES Plus bonus level.

However, this partial protection ceases to apply if a barrier is broken during the term. According to this, PERLES Plus behaves like a normal PERLES, i.e. investors also participate in a negative performance of the underlying asset 1:1 without restriction, and so losses are likely. UBS PERLES Plus is thus suitable for investors with a medium to high risk preference. Investors must take 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.

1) Prices are 10 Min. delayed