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/product/detail/index/isin/CH0371546539
37154653 
Hugo Boss11.36%18.55% p.a.28.06.2019EUR50.6350.81
/product/detail/index/isin/CH0387998427
38799842GEBSSU
Geberit-0.29%--31.01.2019CHF365.00366.75
/product/detail/index/isin/CH0388002724
38800272EMMNSU
EMMI AG10.84%--07.02.2019CHF618.00622.50
/product/detail/index/isin/CH0395761767
39576176WXLMMU
Allergan2.59%8.24% p.a.10.05.2019USD148.30149.20
/product/detail/index/isin/CH0400499924
40049992BELRVU
Gilead-0.13%--29.01.2019USD67.8568.30
/product/detail/index/isin/CH0401837494
40183749VZUUIU
LafargeHolcim-0.02%--07.02.2019CHF45.8046.00
/product/detail/index/isin/CH0406766391
40676639 
NIKKEI 225 Index4.88%10.32% p.a.12.03.2019EUR19'345.3919'444.25
/product/detail/index/isin/CH0408699731
40869973BLOCZU
Alphabet Inc. C14.00%8.54% p.a.02.04.2019USD928.00933.50
/product/detail/index/isin/CH0408700356
40870035BLOBEU
Roche18.28%0.25% p.a.21.03.2019CHF208.90209.90
/product/detail/index/isin/CH0408702865
40870286BLOCWU
Geberit0.33%1.59% p.a.28.03.2019CHF362.50364.50
/product/detail/index/isin/CH0408705488
40870548BIDBCU
Baidu Inc0.62%3.24% p.a.25.03.2019USD167.40168.60
/product/detail/index/isin/CH0408709902
40870990BLOCCU
Alphabet Inc. C16.07%7.30% p.a.03.04.2019USD906.00911.00
/product/detail/index/isin/CH0410512773
41051277BLOCOU
Biogen Idec28.89%3.70% p.a.08.04.2019USD236.70238.00
/product/detail/index/isin/CH0412794361
41279436DMNENU
Kraft Heinz5.73%7.73% p.a.25.10.2019USD43.8544.45
/product/detail/index/isin/CH0412794643
41279464BLAMGU
Amgen14.12%8.31% p.a.25.04.2019USD170.30171.10
/product/detail/index/isin/CH0412795095
41279509DWIBNU
Gilead8.66%15.76% p.a.27.08.2019USD61.9062.30
/product/detail/index/isin/CH0412797570
41279757BMYBCU
Bristol-Myers Squibb10.61%20.75% p.a.19.08.2019USD43.9144.17
/product/detail/index/isin/CH0412800028
41280002BLCNOU
Novartis14.41%1.97% p.a.24.04.2019CHF74.2574.60
/product/detail/index/isin/CH0412804319
41280431BLOCPU
Geberit2.11%7.25% p.a.02.05.2019CHF356.00358.00
/product/detail/index/isin/CH0412804327
41280432POOLBU
Merck & Co.21.20%4.22% p.a.02.05.2019USD58.9559.25
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Discount certificate (UBS BLOC)

A UBS BLOC (Buy Low Or Cash), also known as a discount certificate, enables investors with a moderate-to-high risk tolerance to obtain a price reduction when purchasing a selected underlying asset (e.g. index, equity, currency pair or precious metal). The more favorable entry results in a return benefit so that attractive returns are possible even in a sideways moving market.

Participating in price increases is limited: as soon as the price of the underlying asset trades at or above the cap level at maturity, the UBS BLOC will yield the anticipated return. The price reduction granted at the beginning results in investors benefiting from a safety buffer. Buyers of a UBS BLOC are almost always in a better position when the prices of the underlying asset fall than direct investors are, as they usually suffer fewer losses in terms of percentage.

However, the reduction in price is not full protection at maturity. If the underlying asset trades below the purchase price paid for the certificate there will be a loss in the capital invested. If the underlying asset closes below the cap level at maturity, the repayment is linked directly to the price of the underlying asset. The investor is then either paid the value of the underlying asset or the cash value of the underlying asset adjusted by the subscription ratio. In addition, the issuer risk must be taken into consideration, since the invested capital 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".