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Wednesday, 31 May 2023
Reading time : 2 minutes
Theme Investing

ZKB Quality Equity Certificate

The situation on the markets is confusing: While the US is struggling to raise the debt ceiling, the DAX recently marked a new all-time high. At the same time, there is a large discrepancy in the performance of individual stocks - for example, the US market has been driven primarily by a few stocks over the past 6 months. Against the backdrop of geopolitical and macro-economic uncertainty, the development of interest rates is fraught with question marks. In this environment, our tracker certificate combines 25 selected quality companies with pricing power and/or strong market position, which should perform well even in a challenging environment thanks to defensive characteristics.
Wednesday, 17 May 2023
Reading time : 1 minute
Yield Enhancement

Richemont with good 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.
Thursday, 11 May 2023
Reading time : 3 minutes
Yield Enhancement

Correlation as a return driver

Not only the implied volatility of a basket of stocks influences the return of a BRC, the correlation of the stocks in a basket can also push the option price up or down. The closer the correlation is to 1, the more similar the price movements of these stocks. The resulting reduced probability of a barrier hit is reflected in the option premium, which is lower compared to less correlated baskets. With lower basket correlations, the option premium - and thus the coupon of a BRC - rises.
Thursday, 27 April 2023
Reading time : 2 minutes
Yield Enhancement

Strong Q1 Results, attractive Opportunities

The reporting season is on, with listed companies presenting their results for the past quarter in the days to come. Some of these companies have already presented strong results, including some blue chip firms from Switzerland.
Monday, 24 April 2023
Reading time : 2 minutes
Yield Enhancement

Barrier Observation at Maturity: Last Look BRC

"Last Look BRC" have the characteristic that the barrier is not relevant until the expiration of the BRC, until then no barrier events can take place - price declines, where the barrier is temporarily undercut, have no effect on the payout,
Friday, 17 March 2023
Reading time : 2 minutes
Yield Enhancement

10% p.a. with Sika, Swiss Life and Lonza

With increased uncertainty in the stock markets, it can be challenging to find investment opportunities with risk-reducing but still attractive characteristics. This is where barrier reverse convertibles with defensive parameters can be suitable. Increased volatility provides attractive option premiums while defensive barriers reduce the likelihood of a barrier being breached.

The shares of these three companies are rated "overweight" by ZKB Equity Research.

Thursday, 2 March 2023
Reading time : 3 minutes
Know-how

Investment Focus: Real Estate

In this webcast, Curdin Summermatter, Head of Sales Structured Products, together with Jan Elmer, Senior Portfolio Manager Asset Management, will give you an insight into the topic of "Real Estate".

Wednesday, 8 February 2023
Reading time : 2 minutes
Yield Enhancement

Yield Potential in Tech Stocks

Improving cost efficiency could boost their stocks again. Slowing inflation, normalization of supply chains, and the economic potential of various AI technologies also seem to have encouraged investors - since early 2023, the biggest tech stocks have been moving in an upward channel again.

Wednesday, 18 January 2023
Reading time : 1 minute
Know-how

Swiss Derivative Awards 2023

Whether bull or bear market, our most important ambition is to provide our customers with competent and trustworthy support in all market phases. In 2023, we will continue our efforts and look forward to accompanying you with the highest quality of service and the stability of Zürcher Kantonalbank.

Monday, 9 January 2023
Reading time : 1 minute

Reverse Convertibles in ZKB Top Stock Picks 2023

The Revserse Convertibles on the individual shares of the Top Stock Picks 2023 are suitable for investors who wish to invest specifically in individual components of this year's selection. If the price of the underlying is above the strike at the end of the product's term, the full capital invested is repaid in addition to the coupons. If the price of the underlying is below the strike - which is 90% for all of the following products - the underlying is delivered in addition to the coupon.


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