Vontobel Investment Banking

News / 19 January 2017

Vontobel pushes its expansion and lists 600 NEW Covered Warrants on SeDeX

• The product suite includes 600 Covered Warrants on FTSE MIB, DAX and a selection of Italian stocks listed on SeDeX (Borsa Italiana) • New instruments for trading volatile markets as well as for portfolio hedging • Among the underlying assets are 16 Italian stocks representing the banking, industrial, energy, automotive and luxury sectors • Expiration date up to December 2018 (products with 3-to-24 months to maturity) • Client enjoy a greater choice of strikes and maturities through a wide range of products

Vontobel further enlarges its offering in the SeDeX segment with 600 new Covered Warrants on Indices and Italian stocks. The issuance includes 144 products on FTSE MIB, 73 on DAX and 383 on Italian stocks, such as Generali, Fiat-FCA, , , Intesa San Paolo, , , , CNH Industrial, , Leonardo-Finmeccanica, Luxottica, , Prysmiam, STM Microelectronics and .

“We have started the new year by offering another range of products to our Italian investors. The extension of our product suite with Covered Warrants gives our clients not only further instruments to trade volatile markets but also the capability to hedge their portfolios with Put Warrants”, said Heiko Geiger, Head of Public Distribution Europe at Vontobel Investment Banking. “ is revealing itself to be one of the most dynamic and responsive markets, and we believe this offer may help investors to find their best market opportunities.”

Covered Warrants are financial instruments that give the right to either buy (Covered Warrant Call) or sell (Covered Warrant Put) an underlying asset (an index or a share) at a predetermined price (exercise price), through a smaller financial investment, compared to the direct investment for the same asset.

Opportunities presented by these products include:

• Unlimited leveraged participation as long as market fluctuations are in line with the investor’s market expectations • Alternative leveraged instrument to the direct investment in the underlying asset • Strong responsiveness to market fluctuations: through the leverage effect investors may proportionally take part in the financial performance without obligation to buy the underlying asset directly

Vontobel Investment Banking Bleicherweg 21 Phone number +41 (0)58 283 59 00 CH-8022 Zürich Media +41 (0)58 283 59 30

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• Flexible use for traders in order to open long leveraged positions as well as portfolio hedging strategies • Enhance investor’s portfolio with tactical focus on market opportunities • Maximum loss limited to the invested capital • Medium/Long-Term investment: Covered Warrants have an average life from 3 to 24 months • Vontobel as Market Maker provides liquidity on SeDeX of Borsa Italiana from 9.05 AM to 5:30 PM

Vontobel is the issuer with the widest range of Constant Leverage Certificates in Italy and also offers one of the most restrained spreads of the market. Vontobel received the Italian Certificate Awards 2016 for ‘’Best Newcomer 2016’’ and earned the second prize for the ‘’Best leveraged product’’.

The full range of products and underlying assets is available on the website certificate.vontobel.com

Press Office Birgitta Muhr | [email protected] | +39 02 8812901

Note Covered Warrants are complex financial products and claims for a continuous monitoring and appropriate financial knowledge of these instruments and of the variables conditioning its fluctuations on the stock market. The negotiations of the Covered Warrants may cause the loss of a part or of a total invested capital.

Vontobel Investment Banking Vontobel Investment Banking provides customized investment solutions for clients and external asset managers. It is one of the leading issuers of structured products in Switzerland and Europe and has a presence in Asia. Its award- winning research and its expertise in corporate finance, as well as the securities services provided by Transaction Banking, complete its offering. Investment Banking is also a global leader in the digitalization of investment solutions. www.vontobel.ch/ib Vontobel Investment Banking is one of Vontobel’s three divisions – together with Private Banking and Asset Management – whose mission is to protect and build the wealth clients have entrusted to them over the long term. In doing so, Vontobel is committed to Swiss quality and performance standards. With their good name, the owner families have stood by these principles for generations. The registered shares of Vontobel Holding AG are listed on the SIX Swiss Exchange. The Vontobel families and the Vontobel Foundation hold the majority of shares and votes in the company.

Legal information This document is for information purposes only and does not constitute an offer of any kind. The services described in the document are supplied under the agreement signed with the service recipient. The nature, scope and prices of services and products may vary from one country to another and may change without notice at any time. Certain services and products are not available worldwide or from all companies of Vontobel. In addition, they may be subject to legal restrictions in certain countries.

Vontobel Investment Banking Bleicherweg 21 Phone number +41 (0)58 283 59 00 CH-8022 Zürich Media +41 (0)58 283 59 30