Constant Leverage Certificates allow investors to participate disproportionately in the performance of a reference instrument. The special feature of this product type is the constant leverage. This product type is suitable for short-term investment horizons, but not for a Buy and Hold strategy. Constant Leverage Certificates provide access to many different asset classes, such as: stocks, indices, precious metals, commodities, currencies, interest instruments and volatility.

Mini Futures provide investors with the opportunity to participate disproportionately, leveraging a smaller capital investment, in the price movement of an underlying asset. Long Mini Futures allow for betting on rising prices, while Short Mini Futures enable wagering on falling prices. These products have an unlimited term unless prematurely terminated by reaching the stop-loss level. Additionally, a wide range of asset classes such as stocks, indices, commodities, precious metals, interest instruments, currency pairs, and cryptocurrencies are available.

MiniFuture

Warrants with Knock-Out provide investors with a leveraged participation in the performance of a financial asset. The leverage effect arises from the fact that less capital is required compared to a direct investment. Investors can speculate on both rising and falling prices with less capital invested. Various asset classes such as stocks, indices, commodities, precious metals, interest instruments, or currency pairs are available. 

KoWarrantOpenEnd

KoWarrant

Warrants enable investors to participate disproportionally in the performance of the underlying with less invested capital than a direct investment. If investors expect prices to rise, they can position themselves with a Call warrant. Put warrants are available if prices are expected to decline. Additionally, warrants have a fixed maturity and a strike price. Investors can choose from a wide range of different asset classes such as stocks, indices, commodities, precious metals and currency pairs. 

Warrant

Leverage

Reverse convertibles are structured products that perform particularly well in sideways or slightly down markets. Due to the fixed coupon, a positive return can be achieved even in such markets. However, the upside potential is limited to the coupon.

ReverseConvertible

Barrier Reverse Convertibles (BRCs) are structured products, which are characterized by a fixed coupon and a certain safety buffer. As a result, investors are protected against price setbacks up to the barrier, while the profit potential is limited to the coupon.

BarrierReverseConvertible

Discount certificates offer a discount on the current price of the underlying asset. This "discount" cushions possible price losses of the underlying asset. In return, the participation in a price increase is limited by the strike price and the investor forgoes a possible dividend payment. If the final fixing is at or above the strike price, you will receive the strike price on the redemption date. If the Final Fixing Level is below the Strike Price, you will receive the Underlying at the Conversion Ratio.

DiscountCertificate

BarrierDiscountCertificate

ExpressCertificateWithoutBarrier

The uniqueness of Barrier Reverse Convertibles with conditional coupon lies in the fact that, as the name suggests, the coupon payment is tied to the performance of the underlying asset and thus conditional. To receive a coupon payment, the price of the underlying asset must trade at or above the respective coupon levels on the pre-determined observation dates. Like traditional BRCs, this variant also features a barrier that provides investors with a certain degree of protection.

ExpressCertificate

CapitalProctectionNote

CreditLinkedNote

Outperformance Certificates offer investors the opportunity to participate disproportionately from rising prices of an underlying from a certain price level (exercise price) onwards. If the price of the underlying asset is at or above the exercise price at maturity, the investor participates in the price increase above the exercise price with a participation rate set at issuance (upper participation). Compared to a direct investment in the underlying asset, the investor can thus achieve a higher return. When prices fall below the exercise price, this participation factor does not apply. In this scenario, the investor bears the same risk as with a direct investment in the underlying asset.

OutperformanceCertificate

BonusCertificate

CappedBonusCertificate

MultiReverseConvertible

MultiBarrierReverseConvertible

MultiExpressCertificate

The uniqueness of Multi Barrier Reverse Convertibles with conditional coupons lies in the fact that, as the name suggests, the coupon payment is tied to the performance of the underlying assets and thus conditional. To receive a coupon payment, the price of the underlying assets must trade at or above the respective coupon levels on the pre-determined observation dates. Similar to traditional BRCs, this variant also features a barrier that provides investors with a certain degree of protection.

MultiBarrierExpressCertificate

CappedOutperformanceCertificate

MultiBonusCertificate

MultiCappedBonusCertificate

CappedCapitalProtectionNote

Callable Reverse Convertibles are characterized by pre-determined coupon payments, regardless of the performance of the underlying asset. The callable attribute allows for early redemption under certain circumstances, which is why the coupon is generally higher than for traditional reverse convertibles.

CallableReverseConvertible

Multi Callable Reverse Convertibles are characterized by pre-determined coupon payments, regardless of the performance of the underlying assets. The callable attribute allows for early redemption under certain circumstances, which is why the coupon is generally higher than for traditional multi reverse convertibles.

CallableMultiReverseConvertible

Like the classic version, callable Barrier Reverse Convertibles (BRCs) are characterized by a pre-determined coupon and a safety buffer up to the barrier. The callable attribute improves the yield because coupons are generally higher than for regular BRCs, but investors bear the reinvestment risk if the products are redeemed ("called") early.

CallableBarrierReverseConvertible

Like the classic version, Multi Callable Barrier Reverse Convertibles (BRCs) are characterized by a pre-determined coupon and a safety buffer up to the barriers. The callable attribute improves the yield because coupons are generally higher than for regular Multi BRCs, but investors bear the reinvestment risk if the products are redeemed ("called") early.

CallableMultiBarrierReverseConvertible

Investment

Tracker certificates enable investors to invest in themes, strategies, regions, or countries, making it easier to diversify even with small amounts of money. Tracker certificates replicate the performance of the underlying asset without leverage, a cap, or capital protection. Investors participate nearly 1:1 in rising and falling prices of the underlying asset. The underlying assets can especially be indices or equity baskets. In this way, you can invest in a whole stock market or basket in only one transaction without having to buy all the individual stocks. This is why tracker certificates are a great product for targeted investment in specific themes. 

TrackerCertificate

Strategic Certificates enable investors to invest in themes, strategies, regions, or countries, making it easier to diversify even with small amounts of money. Strategic Certificates replicate the performance of the underlying asset without leverage, a cap, or capital protection. Investors participate nearly 1:1 in rising and falling prices of the underlying asset. The underlying assets can especially be indices or equity baskets which could be active be managed. In this way, you can invest in a whole stock market or basket in only one transaction without having to buy all the individual stocks. This is why Strategic Certificates are a great product for targeted investment in specific themes. 

ThematicInvestment

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Find leverage products, investment products and thematic investment products issued by Vontobel. Click here to find the right product for you.

Leverage Products

Constant Leverage Certificates

Mini Futures

Warrants

Warrants with Knock-Out

Warrants with Knock-Out Open End

Investment Products

Barrier Reverse Convertibles

Barrier Reverse Convertibles with Conditional Coupon

Bonus Certificates

Bonus Certificates with Cap

Callable Barrier Reverse Convertibles

Callable Reverse Convertibles

Capital Protection Notes

Capped Capital Protection Note

Credit Linked Notes

Discount Certificates

Discount Certificates with Barrier

Multi Barrier Reverse Convertibles

Multi Barrier Reverse Convertibles with Conditional Coupon

Multi Bonus Certificates

Multi Bonus Certificates with Cap

Multi Callable Barrier Reverse Convertibles

Multi Callable Reverse Convertibles

Multi Reverse Convertibles

Multi Reverse Convertibles with Conditional Coupon

Outperformance Certificates

Outperformance Certificates with Cap

Reverse Convertibles

Reverse Convertibles with Conditional Coupon

Thematic Investment Products

Strategic Certificates

Tracker Certificates

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