Higher returns when markets are tending sideways

BLOCs are discount certificates allowing you to acquire an underlying indirectly at a discount. This price discount compensates for the limited participation in the upside of the underlying. You receive either the underlying or cash on expiry.

Main benefits at a glance

  • Investment at a discount.
  • Attractive investment in sideways-tending markets.
  • Risk/return profile can be optimized by choosing the appropriate cap level.
  • Fully customized solutions offering a high degree of flexibility (in the choice of underlying, maturity and yield).