Step 1: Category/Type

Which statement is most accurate for you?

Capital protected certificates
Protecting the invested capital is important to me and I also want to profit from the possibility of rising prices.
Partially protected certificates (bonus certificates and reverse convertible bonds)
Potential returns are important to me and I am willing to accept a certain amount of risk in exchange.

Step 2: Capital protection

If the price of the underlying asset falls…

… how much security do I expect?

100% capital protection
In order to protect the invested capital in full, I am willing to accept lower potential returns or a slightly longer term.
90–99% capital protection
I am willing to accept slightly higher risk in exchange for higher potential returns or a shorter term.

Step 3: Potential return

If the price of the underlying asset rises…

… what should the potential return be?

Coupon-oriented
A predefined repayment amount is important to me regardless of whether the price of the underlying asset does not rise much or rises significantly.
Growth-oriented
The potential return should depend on the performance of the underlying asset – the higher prices rise, the higher the return.

Step 2: Underlying asset

An index or individual instruments…

… what should the certificate be based on?

Indices as the underlying asset
Risk diversification is important to me, so I would prefer broadly diversified indices with moderate potential returns (around 3%–6% p.a. [per annum] would be conceivable).
Individual instruments as the underlying asset
I prefer individual instruments. This means that I accept more risk, but increase my potential returns (around 5%–10% p.a. would be conceivable).

Step 3: Safety buffer

If the price of the underlying asset falls…

… how big of a safety buffer do I want to have?

Large distance from the barrier
I want to be protected by a safety buffer even in the event of more significant price declines. I am willing to accept slightly lower returns.
Small distance from the barrier
I am willing to accept a small safety buffer in the event of falling prices in exchange for a higher potential return.

Step 3: Safety buffer

If the price of the underlying asset falls…

… how big of a safety buffer do I want to have?

With barrier
I want to be protected by a safety buffer even in the event of more significant price declines. I am willing to accept slightly lower returns.
Without barrier
For a higher return, I waive a safety buffer in the event of falling prices.

Step 4: Repayment

Fixed interest rate or potential return at the end of the term…

… what kind of repayment profile do I want?

Potential return at the end of the term
I prefer a higher potential return at the end of the term. If the price of the underlying asset reaches or falls below the barrier, this potential return usually is not realised.
Fixed interest rate
I would like to receive fixed interest payments. If the price of the underlying asset falls, these reduce potential capital losses.

Please note: Partially protected certificates without barriers always have a fixed interest rate.

Please take into account the information and legal notes in the disclaimer.