The Credit Suisse X-Links Silver Shares Covered Call ETNs (such exchange traded notes, the "ETNs") are senior, unsecured debt securities issued by Credit Suisse AG ("Credit Suisse"), acting through its Nassau Branch that are linked to the return of the Credit Suisse NASDAQ Silver FLOWSTM (Formula-Linked OverWrite Strategy) 106 Index (the "Index"). The Index seeks to implement a "covered call" investment strategy by maintaining a notional long position in shares of the iShares Silver Trust ETF (SLV UP ) (the "SLV shares") while notionally selling monthly out-of-the-money call options on that position. The Index replicates notional positions. Holders of the ETNs have no rights in any of the Index components. The ETNs are listed on The Nasdaq Stock Market ("Nasdaq") under the ticker symbol "SLVO". The ETNs should be purchased only by knowledgeable investors who understand the potential consequences of investing in a covered call strategy on SLV shares. The ETNs pay a monthly variable cash coupon based on the notional premiums received from selling the calls.

The ETNs are not principal protected, are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.

We also offer the Credit Suisse X-Links Gold Shares Covered Call ETNs (NASDAQ ticker symbol "GLDI") linked to an index that seeks to implement a "covered call" investment strategy by maintaining a notional long position in shares of the SPDR Gold Trust ETF (GLD UP), while notionally selling monthly out-of-the-money call options on that position. The Index replicates notional positions. Holders of the ETNs have no rights in any of the Index components.

ETN Profile

 

CUSIP:

22542D449

Primary Exchange:

NASDAQ

Inception Date:

April 16, 2013

Maturity Date:

April 21, 2033

Annual Investor Fee1:

0.65%

Underlying Index:

Credit Suisse NASDAQ Silver FLOWSTM 106 Index

Index Ticker:

QSLVO
X-Links Monthly Performance Update
 

Data (as of August 31, 2015)

       

Closing Indicative Value:

$10.09

 

Market Cap:

$24,232,318

Closing Traded Price:

$9.98

 

ETNs Outstanding:

2,428,088

Performance (as of August 31, 2015)

           
 

1 mo.

3 mo.

6 mo.

YTD

1 Yr.

Since Note Incept.

SLVOIV (Indicative Value)*

-0.69%

-12.72%

-13.09%

-10.31%

-29.24%

N/A

QSLVO

-0.66%

-12.56%

-12.81%

-9.92%

-28.77%

-48.76%

Performance Chart (QSLVO):

 

Performance Periods:

Performance of the Credit Suisse NASDAQ Silver FLOWSTM 106 Index

Performance Chart (SLVOIV):

 

Performance Periods:

Performance of the Credit Suisse X-Links Silver Shares Covered Call ETN Indicative Value

Current Yield (annualized)* 8.54%

 

Ex Date

Record Date

Payment Date

Coupon

July 20, 2015

July 22, 2015

July 27, 2015

$0.0713

June 18, 2015

June 22, 2015

June 25, 2015

$0.0972

May 18, 2015

May 20, 2015

May 26, 2015

$0.0469

April 20, 2015

April 22, 2015

April 27, 2015

$0.0662

March 18, 2015

March 20, 2015

March 25, 2015

$0.1426

February 18, 2015

February 20, 2015

February 25, 2015

$0.2412

January 16, 2015

January 21, 2015

January 26, 2015

$0.2104

December 18, 2014

December 22, 2014

December 29, 2014

$0.2054

November 18, 2014

November 20, 2014

November 25, 2014

$0.1114

October 20, 2014

October 22, 2014

October 27, 2014

$0.0505

September 18, 2014

September 22, 2014

September 25, 2014

$0.0564

August 18, 2014

August 20, 2014

August 26, 2014

$0.1169

July 18, 2014

July 22, 2014

July 25, 2014

$0.1054

June 18, 2014

June 20, 2014

June 25, 2014

$0.1327

May 19, 2014

May 21, 2014

May 27, 2014

$0.1328

April 17, 2014

April 22, 2014

April 25, 2014

$0.2302

March 18, 2014

March 20, 2014

March 25, 2014

$0.4375

February 19, 2014

February 21, 2014

February 26, 2014

$0.1312

January 17, 2014

January 22, 2014

January 27, 2014

$0.1397

December 18, 2013

December 20, 2013

December 27, 2013

$0.2021

November 18, 2013

November 20, 2013

November 25, 2013

$0.2189

October 18, 2013

October 22, 2013

October 25, 2013

$0.1554

September 18, 2013

September 20, 2013

September 25, 2013

$0.2463

August 19, 2013

August 21, 2013

August 27, 2013

$0.3319

July 18, 2013

July 22, 2013

July 25, 2013

$0.2497

June 18, 2013

June 20, 2013

June 25, 2013

$0.1830

May 20, 2013

May 22, 2013

May 28, 2013

$0.1721

 

Credit Suisse NASDAQ Silver FLOWS 106 Index Components

Index Component

Ticker

Weight in Index*