Your market expectations

You anticipate a moderate increase or sideways trend in the development of the underlying untill final fixing date. You wish to achieve a fix coupon and a participation on the upside based on positve performance of the underlying over the livetime of the product.

Our proposal

By investing in a Worst of Call Certificate you recieve a fixed coupon payment on the end of the term and full perfornce of the worst performing underlying. Your investment has no capital protection to the down side. On the down side you participate on the worst per forming share. The coupon is quaranteed.

Risk

Full down side risk on the worst performing share.

Advantage

Full performance on the upside of the worst performing share and fixed coupon payment.