Enhanced returns from moderate shareprice increases

 The key appeal of this structure is that investors do not need the underlying share to fully reach the Vontobel price target to generate attractive returns at maturity. Thanks to the 300% participation factor, even moderate share price appreciation can result in returns that are close to, or in some cases exceed, the upside implied by Vontobel's target price. This allows investors to benefit from a positive equity view with a comparatively smaller move in the underlying.  

 To express this conviction, we present a selection of CHF-denominated Capped Outperformance Certificates with a 1-year tenor and 300% upside participation.    

Source: Vontobel, 24/09/2026