18M Memory Coupon with Step Down Autocall on Gaming in USD/EUR/CHF
Risk-adjusted Investment into the Gaming-Sector
This week we costrucht a 18M Phoenix Memory with Step-Down Autocall on the gaming industry for you. We choose 3 interesting and promising companies from this sector. In the fields of both quantitiy and market power the influence of the gaming sector is increasing. This product is equipped with a low Barrier (european or american). The structure is particularly suitable for investors those a direct investment seems to risky. It is also a great and effective diversification option of your portfolio. The Step-Up Autocall raises the probability for an early redemption and in case of an american barrier it can also act as a second chance.
The memory coupons exceed the average dividend yields of
and provide also a conditional capital protection.
Market opinion:
- weakening prices possible, but not below the barrier level
- sideways trend or slightly rising underlying
18M Memory Coupon and Step Down Autocall on Gaming in CHF/EUR/USD
| Maturity | 18 months (early redemption possible) | ||
| Currency | CHF | EUR | USD |
| Denomination | 1000 CHF | 1000 EUR | 1000 USD |
| Underlyings (worst of) |
Activision Blizzard Inc (ATVI US) |
||
| Coupon memory with European Barrier 69% |
10.20% p.a. | 10.60% p.a. | 11.70% p.a. |
| Coupon memory with American Barrier 59% |
10.20% p.a. | 10.60% p.a. | 11.70% p.a. |
| Coupon Barrier | 69% | ||
| Observation | Quarterly | ||
| Autocall | Q1: 100% Q2: 96% Q3: 92% Q4: 88% Q5: 84% Q6: 80% |
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| Indication | 11.08.2021 | ||
| Size (min) | CHF 250'000;-- | EUR 250'000;-- | USD 250'000;-- |
| Issuer | Investment Grade Rating min. | ||
| Issue Price | 100% | ||
| Finders Fee | 1% for You | ||
We are happy to customize the relevant components exactly to your personal preferences. Please imagine that the indications can change day by day.
Are you interested in this topic? Please contact us and we will replicate your personal market view "tailor made" with our innovative products. We would be delighted to develop further hedging - arbitrage - or speculation opportunities for you. If you have already exact ideas of your favourite product we'll generate you the best conditions from more than 25 issuers.
Text und analysis by Florian Franz
Partner at Carat Solutions AG
Please find below the chart with the development of the relevant underlyings during the last 14 months:
