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ZKB Tracker Certificate Dynamic
on Erlen Biotech Basket

ISIN: CH1218247190 Security: 121824719 Symbol: n.a. Life cycle
Secondary market

Bid Price 959.61

Ask Price 968.29

Currency USD

Exchange ZKB

Volume 100.00

Volume 100.00

Date/time (realtime) 20.12.2024 05:17:57

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1300 Tracker Certificates

Product type number as specified by the Swiss Structured Products Association (SSPA): 1300

Please consult the termsheet and the accompanying issue prospectus for information on the exact product functionality, product details and risks.

Market expectations


  • Tracker Certificate (bull): rising underlying
  • Tracker Certificate (bear): declining underlying

Characteristics


  • Unlimited participation in the performance of the underlying.
  • Mirrors the performance of the underlying on a 1:1 basis (adjusted for the subscription ratio and any fees).
  • The risk corresponds to that of a direct investment.

Advantages


  • Participation in the positive or negative performance of the underlying.

Disadvantages


  • The price of the Tracker Certificate tracks that of the underlying.
  • The risk of loss corresponds to that of a direct investment in the underlying.

Repayment terms


  • Upon expiry, a cash repayment is made in the amount of the underlying. No securities are delivered.

Pay-off diagram upon expiry

1300 Pay-off

Examples upon expiry

Product & scenarios
  Scenario 1 Scenario 2 Scenario 3
Description Rising underlying Stagnating underlying Falling underlying
Underlying value 20% share A
20% share B
20% share C
20% D
20% share E
20% share A
20% share B
20% share C
20% share D
20% share E
20% share A
20% share B
20% share C
20% share D
20% share E
Term 5 years 5 years 5 years
Issue price CHF 100 CHF 100 CHF 100
Capital employed CHF 10'000 (100 Zertifikate) CHF 10'000 (100 Zertifikate) CHF 10'000 (100 Zertifikate)
Basket at initial fixing CHF 100 CHF 100 CHF 100
Basket at maturity CHF 120 CHF 100 CHF 80
Performance basket 20% 0% -20%
Payoff
  Scenario 1 Scenario 2 Scenario 3
Calculation 100 Zertifikate * 120 100 Zertifikate * 100 100 Zertifikate * 80
Redemption CHF 12'000 CHF 10'000 CHF 8'000
Profit / Loss 20% 0% -20%

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