Product snapshot: Kempen rolls over autocallable with help from UBS

Marc Wolterink, 15 November 2017

Kempen has collaborated with UBS for the launch of two new structured products: Trigger Certificate Eurozone 17-22 and Trigger Plus Certificate Eurozone 17-22. The first product, a five-year autocallable linked to the Eurostoxx 50, comes as a replacement for UBS Trigger Certificaat Eurozone 15-20 which was redeemed early on November 13 at the second observation date, according to Marcel Pronk (pictured), securities, structured investments distribution, at Kempen. "Clients will receive two coupons of 10.5% which means their return is 21%," said Pronk. "If you compare that with the return of the Eurostoxx 50, which, during the same period, increased around 7%, and taking dividend yield into account, you see that the note has outperformed the index."

The full story is only available to registered users and subscribers.

Sign Up now for access to our news and data.

Sign Up