BJB Key Information
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Header First Page Key Information – 4 April 2016 SSPA Swiss Derivative Map©/ EUSIPA Derivative Map© Tracker Certificate (1300) JB Tracker Certificate on the Peripheral Basket III (the "Products") Participation on Share Basket – EUR – Cash Settlement This document is for information purposes only. A Product does not constitute a collective investment scheme within the meaning of the Swiss Federal Act on Collective Investment Schemes. Therefore, it is not subject to authorisation by the Swiss Financial Market Supervisory Authority FINMA ("FINMA") and potential investors do not benefit from the specific investor protection provided under the CISA and are exposed to the credit risk of the Issuer. I. Product Description Terms Swiss Security Number 30689176 (Valor) Initial Fixing Date ISIN CH0306891760 01 April 2016, being the date on which the Initial Level and the Symbol JFRAG Weight are fixed. Issue Size up to 150,000 Products (EUR 15,000,000) Issue Date/Payment Date (may be increased/decreased at any time) 08 April 2016, being the date on which the Products are issued Issue Currency EUR and the Issue Price is paid. Issue Price EUR 99.60 (per Product; including the Final Fixing Date Distribution Fee) 31 March 2017, being the date on which the Final Level will be Denomination EUR 100.00 fixed. Last Trading Date 30 March 2017, until the official close of trading on the SIX Swiss Exchange, being the last date on which the Products may be traded. Final Redemption Date 07 April 2017, being the date on which each Product will be redeemed at the Final Redemption Amount, unless previously redeemed, repurchased or cancelled. BANK JULIUS BAER & CO. LTD Structured Products, Telephone: +41 (0) 58 888 8181, E-Mail: [email protected], Internet: derivatives.juliusbaer.com Key Information – Valor 30689176 – 4 April 2016 Composition of the Underlying Peripheral Basket III The Peripheral Basket III consists of 14 shares. Underlying Bloomberg ISIN Exchange Initial Level Weight on Initial Fixing Ticker Date GENERALI ASSIC G IM Equity IT0000062072 BrsaItaliana EUR 12.855408 7.14% LUXOTTICA GROUP LUX IM Equity IT0001479374 BrsaItaliana EUR 47.977504 7.14% INDITEX ITX SQ Equity ES0148396007 Soc.Bol SIBE EUR 29.094813 7.14% UNICREDIT SPA UCG IM Equity IT0004781412 BrsaItaliana EUR 3.10372 7.14% AZIMUT HOLDING AZM IM Equity IT0003261697 BrsaItaliana EUR 20.885032 7.14% ENEL SPA ENEL IM Equity IT0003128367 BrsaItaliana EUR 3.877224 7.14% MEDIASET SPA MS IM Equity IT0001063210 BrsaItaliana EUR 3.582294 7.14% FERROVIAL SA FER SQ Equity ES0118900010 Soc.Bol SIBE EUR 18.761564 7.14% CAMPARI GROUP CPR IM Equity IT0003849244 BrsaItaliana EUR 8.715446 7.14% SNAM SPA SRG IM Equity IT0003153415 BrsaItaliana EUR 5.416492 7.14% AUTOGRILL SPA AGL IM Equity IT0001137345 BrsaItaliana EUR 7.381557 7.14% GRIFOLS SA GRF SQ Equity ES0171996087 Soc.Bol SIBE EUR 19.573147 7.14% YOOX NET-A-PORTE YNAP IM Equity IT0003540470 BrsaItaliana EUR 27.062615 7.14% DE'LONGHI SPA DLG IM Equity IT0003115950 BrsaItaliana EUR 20.180307 7.14% Redemption Final Redemption Unless previously redeemed, repurchased or cancelled, the Issuer shall redeem each Product on the Final Redemption Date by payment of a cash amount equal to the Final Redemption Amount to the holder thereof. Final Redemption Amount A cash amount equal to the Denomination multiplied by the Final Basket Level calculated by the Calculation Agent in accordance with the following formula: [퐷푒푛표푚푛푎푡표푛 × 퐹푛푎푙 퐵푎푠푘푒푡 퐿푒푣푒푙] Settlement Type Cash settlement Final Basket Level The sum of the product (calculated for each Underlying (i)) of (a) the ratio of the Final Level of each Underlying (i), divided by such Underlying's Initial Level and (b) such Underlying's Weight, i.e.: 푛 퐹푛푎푙 퐿푒푣푒푙푖 ∑ × 푊푒ℎ푡푖 퐼푛푡푎푙 퐿푒푣푒푙푖 푖=1 where, n = the total number of Underlyings. Final Level The average net sale price at the Exchange on the Final Fixing Date, with respect to each Underlying, as determined by the Calculation Agent Initial Level The average net purchase price at the Exchange on the Initial Fixing Date, with respect to each Underlying, in each case as determined by the Calculation Agent. Weight The relevant Weight specified in the table above, with respect to each Underlying, as may be adjusted by the Calculation Agent if applicable. BANK JULIUS BAER & CO. LTD Switzerland – 2/9 Key Information – Valor 30689176 – 4 April 2016 Details Issuer Bank Julius Baer & Co. Ltd., Zurich (Rating: Moody’s A2) (Prudential Supervision: by the Swiss Financial Market Supervisory Authority FINMA) Lead Manager Bank Julius Baer & Co. Ltd., Zurich Risk Category Complex Product Product Category Participation Product Type Tracker Certificate SSPA Code 1300 Calculation Agent Bank Julius Baer & Co. Ltd., Zurich and any agents or other persons acting on behalf of such Calculation Agent and any successor appointed by the Issuer Paying Agent Bank Julius Baer & Co. Ltd., Zurich and any agents or other persons acting on behalf of such Paying Agent and any successor appointed by the Issuer Distribution Fee Up to 1.2550% of the Issue Price (incl. VAT, if any); This Distribution Fee will be allocated/paid to the internal and/or external Distributorr. For further details please see under section IV "Distribution Compensation/Distribution Allowances from and to Third Parties". Listing and Admission to Application will be made to list the Products on the SIX Swiss Exchange for trading on the platform of the SIX Trading Structured Products Exchange. It is expected that the Products will be provisionally admitted to trading on the SIX Structured Products Exchange as of 08.04.2016. Trading Platform SIX Structured Products Exchange Ltd Minimum Trading Lot / 1 Product(s) Minimum Subscription Amount Trading (Secondary Under normal market conditions, Bank Julius Baer & Co. Ltd. Zurich will endeavour to provide a secondary Market) market, but is under no legal obligation to do so. Quotation The Products are traded in units and are booked accordingly. Clearing System SIX SIS AG Form Uncertificated Securities Governing Law / Swiss Law / Zurich 1, Switzerland Jurisdiction Swiss Taxation Stamp duty No stamp duty at issuance. No federal turnover tax on secondary market transactions. Withholding tax No Swiss withholding tax. Income tax For private investors (individuals) with tax residence in Switzerland, the difference between the initial value of the Underlying and a lower Issue Price is subject to income tax. However, gains and losses realized on the Certificates are classified as capital gain/loss and therefore for private investors (individuals) with tax residence in Switzerland not subject to income tax. EU Savings tax For Swiss paying agents, the Product is not subject to EU Savings tax (TK 9). The aforementioned tax description is based on the relevant tax laws and regulations of the tax authorities valid at the time of launch of this issue. These laws and regulations may change at any time, possibly with retroactive effect. Furthermore the tax treatment may depend on the personal situation of the investor and may be subject to change in the future. This information is not purported to be a complete description of all potential tax effects. Potential investors are advised to consult their tax advisors to determine the special tax consequences of the purchase, ownership or disposition of the Product. BANK JULIUS BAER & CO. LTD Switzerland – 3/9 Key Information – Valor 30689176 – 4 April 2016 Product Description The Products are financial instruments which allow the investor to benefit from an unlimited participation in any positive performance of the Underlying(s). The Products reflect movements in the value of the basket of the Underlying(s) Therefore, if the value of the basket of the Underlying(s) increases, the investor proportionally participates in the increase in the value of the basket of the Underlying(s). If the value of the basket of the Underlying(s) decreases, the investor proportionally participates in the decrease in the value of the basket of the Underlying(s). The Products are linked to multiple Underlying(s) with a basket feature. Therefore, the performance of each Underlying in accordance with its Weight has to be taken into account for the determination of the Final Redemption Amount. Product Documentation The complete and legally binding terms and conditions of the Products are set forth in the base prospectus for the issuance of Participation Products of Bank Julius Baer & Co. Ltd. (the "Bank"), dated 15 July 2015, as supplemented from time to time (the "Base Prospectus") and the relevant final terms prepared in relation to the Products (the "Final Terms"). The Base Prospectus and the Final Terms may be obtained free of charge from Bank Julius Baer & Co. Ltd., Bahnhofstrasse 36, 8001 Zurich, Switzerland. This document is designated for distribution and use in Switzerland. Neither the Issuer nor any other person assumes any responsibility for the compliance of this document with any applicable law and regulations in any other jurisdiction than Switzerland. BANK JULIUS BAER & CO. LTD Switzerland – 4/9 Key Information – Valor 30689176 – 4 April 2016 II. Profit and Loss Prospects The investor participates directly in any increase of the value of investment in such Products is linked to the negative performance the basket of the Underlying(s). The potential return on the of the Underlying(s). Therefore, a substantial or total loss of the Products is not capped. If the value of the Underlying(s) invested amount in the Products is possible, although any such decreases, the Final Redemption Amount may be substantially loss is limited to the invested amount. lower than the Issue Price. The potential loss associated with an Redemption Scenarios Investment Amount EUR Underlying Peripheral Basket III Initial Value EUR 100.00 The above described redemption scenarios serve exclusively to illustrate the profit and loss prospects and are based on hypothetical price/level developments.