Strategy indices based on DAX and Dow Jones EURO STOXX 50 as underlyings …
Since Tuesday, four more exchange-traded index funds from the provider ETF Securities have been tradable on the pan-European exchange platform Xetra®. These strategy index funds give investors the opportunity to reap double-leverage benefits from the positive or negative performance of the blue chip indices DAX® and Dow Jones EURO STOXX 50®.
ETF name: ETFS DAX 2x Long Fund
Asset class: Equity index ETF
ISIN: DE000A0X8994
Management fee: 0.60 percent
Distribution policy: distributing
Benchmark: LevDAX® x2 Index
The LevDAX x2 Index belongs to the DAXplus® strategy index family calculated by Deutsche Börse and is linked to the movements of the DAX benchmark index with a leverage factor of two. Investors with a particular large risk appetite can therefore benefit twice as much from the daily performance of the DAX index.
ETF name: ETFS DAX 2x Short Fund
Asset class: Equity index ETF
ISIN: DE000A0X9AA8
Management fee: 0.60 percent
Distribution policy: distributing
Benchmark: ShortDAX® x2 Index
The ShortDAX x2 Strategy Index is an index offered by Deutsche Börse for investments when prices are expected to fall. With a leverage factor of two, ShortDAX x2 moves in the opposite direction to the daily performance of the DAX benchmark index.
ETF name: ETFS Dow Jones EURO STOXX 50 Leveraged (2x) Fund
Asset class: Equity index ETF
ISIN: DE000A0X9AB6
Management fee: 0.40 percent
Distribution policy: distributing
Benchmark: Dow Jones EURO STOXX 50 Leveraged Index
The Dow Jones EURO STOXX 50 Leveraged Index tracks the daily performance of the European blue chip index Dow Jones EUROSTOXX 50 with a leverage factor of two.
ETF name: ETFS Dow Jones EURO STOXX Double Short (2x) Fund
Asset class: Equity index ETF
ISIN: DE000A0X9AC4
Management fee: 0.60 percent
Distribution policy: distributing
Benchmark: Dow Jones EURO STOXX 50 Double Short Index
By investing in the Dow Jones EURO STOXX 50 Double Short Index, investors can reap double-leverage benefits from a negative daily performance of the blue chip index Dow Jones EURO STOXX 50.
The product offering in Xetra’s XTF segment comprises a total of 481 exchange-listed index funds, making it the largest offering of all European stock exchanges. With this offering and an average monthly trading volume of around €10 billion, Deutsche Börse’s XTF segment is the leading trading venue for ETFs in Europe.
DAX®, DAXplus®, LevDAX®, ShortDAX® and Xetra® are registered trademarks of Deutsche Börse AG.
Dow Jones EURO STOXX 50® is a registered trademark of STOXX Ltd.
Formed in 1998, STOXX Ltd. is a joint venture between Deutsche Börse Group, Dow Jones & Company and SIX Swiss Exchange.
Source: ETFWorld.co.uk – Deutsche Börse
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