The prices of many shares have fallen sharply in recent weeks, irrelevant of the underlying business model, outlook, and products and services provided its customers. The current new issue including the Swiss companies Nestlé, Novartis, and Roche are known as steadfast, and they sell products that are required by a typical consumer on a day-to-day basis.
Based on this background, we have engineered a standard WOF Product with a coupon of 7.5%, with reimbursement triggers starting after a 6-month issue date, thereafter decreasing by 1% on a monthly, starting at 97%. Payout scenarios: Low Strike at 65 %; if each equity is at or above Low Strike level, the investor will be redeemed 100% of the investment amount; else: the payout will be linked to the worst performing equity from 67%.