12M BRC on Hello Fresh and Delivery Hero in CHF/EUR/USD
Risk-adjusted Investment into Hello Fresh und Delivery Hero
Hello Fresh and Delivery Hero are considered as the most successful shooting stars in the area of food delivery. While Hello Fresh creates kochboxes with receipts and food to cook for your own, Delivery Hero installed a global delivery service for ready made dishes. Both companies can show a significant progress since the inception in 2011 (Delivery Hero) and 2012 (Hello Fresh).
Use the current volatility of our underlyings. With our 12M Barrier Reverse Convertible with decreasing Autocall you'll invest in a risk-adjusted way. This product is equipped with a low Barrier (european or american) or the low Put Strike. 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. For the structure with the american barrier the decreasing Autocall acts like a second chance in case of a Barrier Event. To provide additional security mechanisms we will construct this product on demand also with the popular One Star- or Lookback-Features.
The guaranteed coupons exceed the average dividend yields of:
- Delivery Hero ( - )
- Hello Fresh ( - )
and provide also a conditional capital protection.
Market opinion:
- weakening prices possible, but not below the barrier level
- sideways trend or slightly rising underlying
12M BRC on food delivery in CHF/EUR/USD
| Maturity | 12 months (early redemption possible) | ||
| Currency | CHF | EUR | USD |
| Denomination | 1000 CHF | 1000 EUR | 1000 USD |
| Underlyings (worst of) | Delivery Hero SE (DHER GR) Hello Fresh SE (HFG GR) |
||
| Coupon guaranteed with Low Put Strike 75% |
13.50% p.a. | 14.00% p.a. | 14.10% p.a. |
| Coupon guaranteed with European Barrier 69% |
17.50% p.a. | 18.10% p.a. | 18.20% p.a. |
| Coupon guaranteed with European Barrier 69% + One Star |
12.00% p.a. | 12.50% p.a. | 12.60% p.a. |
| Coupon guaranteed with American Barrier 59% |
19.00% p.a. | 19.60% p.a. | 19.70% p.a. |
| Observation | Quarterly | ||
| Autocall | 100% after 3 months then -5% each period | ||
| Indication | 12.10.2021 | ||
| Size (min.) | CHF 250'000;-- | EUR 250'000;-- | USD 250'000;-- |
| Issuer | Rating A- 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 (Best-Execution).
Text and Analysis Florian Franz
Partner Carat Solutions AG
Please find below the chart with the development of the relevant underlyings during the last 12 months:
