UBS offers nine-month play on Apple

A quick bite of Apple

This is a product from UBS that is linked to the common stock of Apple and pays a monthly income at an annualised rate of 8.56%. Principal is at risk if, at maturity, the closing level of the stock is below the final-level barrier of 90%. In case the barrier is breached (based on final levels only), principal is lost at the rate of 1:1 for any fall in the stock below the 100% level. In a worst-case scenario the investment will return no principal, which will occur if the stock reaches zero.

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