derinet® Switzerland
Product names from:

Lookback Multi Defender VONCERT on BNP Paribas, Commerzbank, UBS Group (Quanto EUR)

  • Valor 36306436
  • ISIN CH0363064368
  • Symbol ZMACOV
Product expired on 26/04/2019
Barrier hit on 10/12/2018 at 00:00
  • Quanto
  • sustainable
BNP ParibasEUR 
Commerzbank AGEUR 
Please note that this is an indication.


Multi Defender VONCERTS Bull

Your Idea

  • You expect certain underlying assets to trade rangebound or appreciate
  • Loss protection up to a defined price level

Our solution

  • Multi Defender Voncerts replicate the performance of multiple underlyings one to one
  • Barriers provide contingent protection against price losses
Payoff profile at maturity
  • If none of the underlying assets ever touched its barrier during the lifetime of the product, the strike price is at least paid back.
  • If at least one of the underlying assets touched its barrier, the underlying asset with the worst performance is physically delivered.


  • An investment in a Multi Defender Voncert entails the same risk as a direct investment in the underlying if one of the barriers is touched during the lifetime of the product.
  • Issuer risk
  • Market and currency risk

Profit/loss diagram

Disclaimer: Please consult the termsheet and the accompanying issue prospectus for information on the exact product functionality, product details and risks.