Product wrap: UBS gains visibility in France, bets on basic resources

EUROPE UBS issued Athena Degressif Avril 2024 in France. The 10-year product offers access to the Bloomberg Europe DM Top 30 Basic Resources Decrement 50 Points Index , which is a market capitalisation weighted benchmark composed of the 30 largest companies in metals & mining and steel from European developed countries. Every quarter the performance of the index is measured – starting after one year. The product terminates early if the index closes at or above the step-down autocall