Tuesday, 15 October 2024 Reading time : 2 minutes

The US technology index Nasdaq Composite is slowly approaching its highs again. Over the summer, the enthusiasm for US technology stocks took a hit, causing the index to fall. Tech stocks lost up to 13% within a few weeks of the index hitting a new record high at the beginning of July. Since the summer lull, the Nasdaq Composite has slowly recovered, although it is still trading slightly below its all-time high.

The coming weeks are likely to remain turbulent as tech giants report their quarterly results and face high expectations.

For investors who are interested in yield enhancement products on the US tech giants but do not want to take on any currency risk, our current subscription range offers Swiss franc products with a quanto feature: thanks to a built-in quanto option (Quantity Adjusted Option), exchange rate risks are hedged.

Barrier Reverse Convertibles on US Tech Equities
10.00% p.a. BRC on Apple, Microsoft, Alphabet, Amzon
Currency: qCHF
Barrier: 61.50%
Valor: 134 141 065

14.00% p.a. BRC on Nvidia
Currency: qCHF
Barrier: 60%
Valor: 134 141 064

Indicative terms

Disclaimer
This communication is for marketing purposes. It is neither an offer nor an invitation to submit an offer, to purchase or to subscribe to securities and does not constitute investment advice. You should consult your advisors before making an investment decision. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, financial condition, development or performance of the issuer to be materially different from any future results, financial condition, development or performance expressed or implied by such statements. The present document has not been drawn up by the research department as defined in the rules of the “Directives on the Independence of Financial Research” published by the Swiss Bankers Association, hence these rules do not apply to this document. If securities are mentioned in the communication, the base prospectus, the final terms and any key information document may be obtained free of charge from Zürcher Kantonalbank, Bahnhofstrasse 9, 8001 Zurich, VRIS, and from www.zkb.ch/finanzinformationen.

© 2024 Zürcher Kantonalbank. All rights reserved