Wednesday, 2 March 2022 Reading time : 2 minutes

Instability continues to characterize the global markets, and high equity volatility is unsettling conservative investors. In such market situations, structured products with defensive parameters are particularly suitable for adjusting the risk-return ratio to the increased volatility.

"Last Look BRC" have the characteristic that the barrier is only considered at the expiration of the BRC - shorter-term price declines, where the barrier is temporarily undercut, have no effect on the payout, provided that the price of the underlying is again above the barrier level at maturity; in this case, investors:inside receive a full repayment. So if turbulent markets are expected in the coming months, products with Last Look feature may be suitable to reduce the risk compared to "classic" BRCs.

Last Look Callable BRC on SMI® Index, EURO STOXX 50® Index and S&P 500® Index (CHF / USD)

• 4.6% p.a. Coupon (CHF)
• 6.2% p.a. Coupon (USD)
• Defensive barrier at 60%
• 24 months Maturity
• Subscription deadline March 7, 2022
• Termsheet CHF
• Termsheet USD

Further subscription products on leading indices can be found here.

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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.
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