The applicable offering documents for your structured product will contain a tax disclosure. This strategy is used if a trader expects prices to fall moderately. Structured products are subject to the risk of default by the issuer. Types of structured equity products structured product, thereby limiting the vehicles taxable profit and minimising its corporate tax liabilities. Nothing contained on the ubs website constitutes financial, legal, tax or other advice and you should obtain advice from a qualified expert or financial adviser before making any investment decision. Ubs general terms and conditions for fixed income structured. Ubs dumped defective structured products on retirees. Important information about structured products ubs. Ubs further stated that the v10 was calculated using. Ubs wealth management research wmr provides guidance to help clients with regular tactical asset allocation recommendations. Finras principal protected consent agreement with ubs. Salary estimates are based on 1 salaries submitted anonymously to glassdoor by structured products employees.
The offering document will either contain the oid schedule. Please consult the sales restrictions relating to the service in question for further information. Finra critiqued ubs for maintaining training programs for its sales force in structured products, but not initially requiring participation in those programs as a condition to selling structured products. Structured products are tailor made financial instruments that are composed of mostly more than one product and have a performance depending on one or more underlying assets. In an uncertain market environment, structured products may well be an attractive solution. The information contained herein including the general advice, if any has been prepared without taking account of your objectives, financial situation or needs and because of that, you should, before acting on the information, consider the appropriateness of the information, having regard to your objectives, financial situation and needs. General terms and conditions for structured products. Ubs helps you do so with ts individual and capital marketoriented structured products. Structured products and the mischief of selfindexing weighted average returns of the firstmonth and the secondmonth vix futures contract.
Structured products allow designing appro priate solutions. Investors who expect falling prices are named bears. At the settlement solutions group, we have integrated traditional structured settlement annuities with the global wealth management resources of ubs to provide personal injury attorneys and their clients with settlement solutions that address their unique circumstances. The return at maturity on a structured product is linked to the performance of an underlying assetwhich is typically an investable asset or market index.
Structured products are complex and involve a high degree of risk. Feb 26, 2018 the information contained herein including the general advice, if any has been prepared without taking account of your objectives, financial situation or needs and because of that, you should, before acting on the information, consider the appropriateness of the information, having regard to your objectives, financial situation and needs. The rise and fall of applelinked structured products ubss september 26, 2012 applelinked so reverse convertible consider for example, the trigger yield optimization notes linked to apple inc. This book is essential in understanding, investing and risk managing the holy grail of investments structured products. Factsheet ubs bloc discount certificate pdf, 419 kb factsheet ubs docu double currency unit pdf, 418 kb ubs structured products brochure pdf, 1 mb. Options, derivative products and futures are not suitable for all investors, and trading in these products is considered risky.
The information memorandum im for the ubs australia aud 10,000,000,000 structured note program program for the issuance of notes notes is available on the ubs bloomberg page to access the information memorandum, bloomberg users can enter ubs into the bloomberg terminal and navigate to the ubs australia structured notes subpage. They are always based on an underlying asset, for example an equity, a bond, an index, foreign currencies, or commodities. Oct, 2015 ubs perceived that investors looking to diversify their portfolios in the wake of the financial crisis were attracted to structured products so long as the underlying trading strategy was transparent. Structured products in wealth management ubs switzerland. With the aid of one or more derivative instruments, there is a right or obligation to buy or sell the underlying asset or some other asset on. Most of the structured products consist of 2 components. Mar 03, 2011 the sale of lehman notes and other structured products by ubs is a classic example of why doing business with a wall street firm is hazardous. Jan 02, 2012 this book is essential in understanding, investing and risk managing the holy grail of investments structured products. Product descriptions and risk warnings disclosure ubs. Find structured products structured product advisor ubs. A to z of structured products deutscher derivate verband 5 out.
Wed be happy to advise you on which structured products are best suited to your individual situation and requirements. General terms and conditions for structured products on equity, commodity and index underlyings date 19 march 2020 version 20202. Structured products are hence tailormade solutions that can be adjusted to different market conditions and that entail different risks, which must be monitored. Ubs asset management does not guarantee the accuracy, suitability or completeness of. Ubs equity investor marketplace ubs structured products. Market commentary, product information and related performance data available on this website has been compiled from sources believed to be reliable and is provided in good faith for informational purposes only. The sale of lehman notes and other structured products by ubs is a classic example of why doing business with a wall street firm is hazardous.
If your structured product has oid income, it will be disclosed in that tax disclosure. With more than 40 years of combined experience working with attorneys and. Date 22 march 2019 version 201 93 ubs general terms and conditions for fixed income structured products. Noncollateralised structured products base listing. Important information about structured products why this is important this information is designed to help you understand the general risks associated with structured products. The equity research group of the same investment bank m ay have useful research reports that help explain why a strategy of investing in a certain stock, index or. Structured products comprise a range of different investment instruments. Bear call spread a bear call spread is an option strategy with limited risks but also limited opportunities for profit.
Ubs structured products more opportunities for your money. Structured products can be tailored to meet your needs as a wealth management client. In addition to these keyinvest conditions, special agreements with regard to specific services and products of ubs ag, any affiliates andor branches of ubs ag. Meanwhile, sales of structured products keep rising. Structured products are sold by brokerdealers, many of which are affiliates of large investment banks. If we become insolvent or default on our obligations under the structured products, you may not be able to recover all or even part of the amount. Landesbank hessenthuringen girozentrale and dz bank ranked second and third with 7. There is a suitable investment solution for practically every market situation, no matter whether prices are moving up, down or sideways. Furthermore, it is near impossible to know the value of the structured product over the life of the. Structured products with original issue discount oid how do i know if my structured product has oid income. Securities and exchange commission that it provided false or misleading information in materials related to structured debt securities.
Filter by location to see structured products salaries in your area. The investigation focuses on ubs sales practices and representations made in connection with the recommendation of the ubs yes program for. For the last few weeks, investors have had to deal with a market environment characterized by a high degree of uncertainty. The weights on the two contracts are adjusted daily such that the weighted maturity of the included contracts is one month. The investment instruments retention of value is dependent not only on the development of the value of the underlying asset, but also on the creditworthiness of the issuer credit risk, which may change over the term the product. Prices for custody, transactions and other services pdf, 3 mb. Etn s are not as popular in the us as they are in europe. Noncollateralised structured products base listing document relating to structured products to be issued by ubs ag incorporated with limited liability in switzerland acting through its london branch sponsor ubs securities asia limited this document, for which we accept full responsibility, includes particulars given in compliance with the rules. So, for its prominence in the etn market and its structured note platform, ubs stands out. Structured products have developed from a niche product to an established form of investment. Raiffeisenverband salzburg ranked as the top global structured notes underwriter for h1 2018 with 40. Despite what some might think, a single bank cant always have the best price, give the best terms on a trade or have the best ideas. As a result, many have been willing to invest but have hesitated and. Ubs perceived that investors looking to diversify their portfolios in the wake of the financial crisis were attracted to structured products so long as the underlying trading strategy was transparent.
Therefore, the financial condition and creditworthiness of the issuer are important considerations when assessing the ability of the issuer to meet its obligations according to the terms of the structured product. Offbalance sheet the spv can be structured as an orphan ie it is not a subsidiary of the transaction originator and its shares. The financial instruments mentioned in this document are derivative instruments. Ubs offers you the chance to have products structured to suit your individual needs. Introduction to structured investments summary table of contents just as stocks and bonds serve as essential components at the foundation of a diversified financial portfolio, structured investments may be added to an investors holdings to address a particular investment objective within an. General terms and conditions for structured products on. Structured products offerings and research reports. In structured products, unlike those traded on exchanges, there is no transparency of pricing.
Understanding structured products bnp paribas wealth. Throughout each rollover period, firstmonth vix futures contracts are. Understanding structured products bnp paribas wealth management. The products will be issued based i on the information set out in these general terms and conditions for structured products on equity, commodity and index underlyings, as amended from. Structured products against a the company which has issued the underlying securities. Four categories make it easier for inves tors to ffild thc product best them. Introduction to structured investments summary table of contents just as stocks and bonds serve as essential components at the foundation of a diversified financial portfolio, structured investments may be added to an investors holdings to address a particular investment objective within an overall investment plan. Overview ubs ag with its subsidiaries together, ubsag consolidated, or ubsag group.
They do not qualify as units of a collective investment scheme pursuant to art. On the other hand, you may be seeking to improve the returns or income generated by your portfolio. Flexible investment vehicles usable in any market environment are in greater demand than ever today. Structured products and the mischief of selfi ndexing three immediately preceding business days i. The information memorandum can also be downloaded from the quicklinks section on this page. Structured products more revenue potential for surplus liquidity structured products offer you a solution tailored precisely to the investment goals and needs of your company. As a conclusion, we can define structured products as an integrated product package, which can provide your portfolio with efficient diversification. Structured products on equity, commodity and index underlyings date 19 march 2020 version 20202 ubs ag, version 2020 2, 19 march 2020 page of 32. Ubs for possible sales practice violations, including but not limited to failing to disclose material risks associated with its etracs product.
Activities with respect to us securities are conducted through ubs securities llc a us broker dealer. Introduction to structured investments morgan stanley. We may periodically make updates to this guide in order to keep you informed about important considerations when deciding to participate in these investments. Pdf structured products and the mischief of selfindexing. These wall street firms periodically use their own client base including many fixedincome retired investors as a dumping ground for defective products, including structured notes and reverse convertibles, which are also called return. This research is updated monthly and relies on a thorough analysis of factors such as market valuations, current market conditions, economic trends, company earnings and credit fundamentals.
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