"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.
Unlike many sectors, pharmaceutical companies are among the so-called anti-cyclicals. While their share prices often rise less strongly in boom times than those of cyclical stocks, they demonstrate their defensive qualities in more difficult market situations. Stable earnings and comparatively reliable dividend growth support the share prices of companies whose products sell even in times with an uncertain market outlook.
Instability continues to move 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.
One of the most attractive technological developments at the moment is the emergence of a completely digital parallel world, the Metaverse. This new technology platform represents the next step in the development of the Internet and combines social networking, online gaming, virtual reality, digital travel, shopping, etc.
In turbulent markets and an uncertain outlook, more conservative investment solutions are in demand. Barrier Reverse Convertibles with defensive parameters offer interesting return opportunities even with lower risk.
Chemistry has become indispensable in almost all products of daily life. Switzerland is home to three leading chemical companies: Sika, Clariant and Givaudan.
Despite the recent drop in Meta Platforms' share price, 7 of the world's 10 most valuable companies are still domiciled in the USA. The 5 largest among them are currently the following companies: Apple (USD 2.8 trill.), Microsoft (USD 2.2 trill.), Alphabet (USD 1.8 trill.), Amazon (USD 1.6 trill.) and Tesla (USD 906.7 billion).
Attractive returns can also be generated with defensive parameters
Today, Bank Vontobel can shine with excellent results. Earnings after taxes increased by 48 percent to CHF 384 million.
8.36% ZKB Barrier Reverse Convertible, 24.07.2025 on worst of HEI GY/MUV2 GY/MC FP Heidelberg Materi... 135804067 / CH1358040678 |
ZKB Barrier Reverse Convertible on worst of L'Oréal S.A./Moët Hennessy Louis Vuitton SE 140250273 / CH1402502731 |
ZKB Barrier Reverse Convertible on worst of Moët Hennessy Louis Vuitton SE/L'Oréal S.A. 140250270 / CH1402502707 |
ZKB Barrier Reverse Convertible auf Moët Hennessy Louis Vuitton SE 134141212 / CH1341412125 |
ZKB Barrier Reverse Convertible auf Moët Hennessy Louis Vuitton SE 139434156 / CH1394341569 |