Richemont with impressive results
The luxury goods group not only grows more strongly than its major rival LVMH in the first quarter of 2023, but also exceeds the sales growth of the industry. The good market position is further strengthened, the dividend is set above analysts' estimates. The share price performance is also impressive (+28% YTD). ZKB yield enhancement products on Richemont shares can be suitable for investors who expect a slowdown in share price but still want to take advantage of yield opportunities.
Type | Valor | Underlyings | Coupon p.a. | Barrier | Duration (m) | Currency | Subsciption until |
CBRC | 125290690 | Richemont | 8% | 60% | 18 | CHF | 25.05.2023 |
Swiss Market Index Yield Enhancement
BRC on Zurich, Swiss Life, Swiss Re, Holcim and Richemont