ETF Securities, has launched its first range of daily short and leveraged equity ETPs with a 3x leverage factor on the London Stock Exchange…
Townsend Lansing, Head of Short and Leveraged Platform, ETF Securities
The new products complement ETF Securities’ existing platform of short and leveraged ETPs, which were introduced in 2008 and have grown to ca. US$1.4bn of AUM. The platform is the third largest in Europe and offers one of the broadest product ranges with over 100 securities providing exposure to commodities, equities and currencies. Year to date, ETF Securities’ short and leveraged ETPs have seen net inflows of approximately US$65mm, reflecting investors’ interest in using the products to trade tactically.
Having seen global AUMs in short and leveraged ETPs soar from US$9bn to over US$60bn[1] since 2006, ETF Securities is not only expanding its product offering but also developing its range of educational material available to investors who wish to use short and leveraged ETPs. Most recently, the business launched a new web page providing a guide to short and leveraged commodities, as well as a simulator tool intended to help investors better understand the risks and returns provided by short and leveraged ETPs.
Commenting on the launch of the 3x equity ETPs, Townsend Lansing, Head of Short and Leveraged Platform, ETF Securities said:
“We have seen tremendous growth in both our platform and in short and leveraged products globally over the past 8 years. Our current range of equity products is popular with investors, with a 12-month average daily volume of over US$20mn. We are excited to expand our range of short and leveraged ETPs and provide investors with additional tools to take short term views and make tactical trades. We believe these products provide opportunities to trade on a short term basis with a competitive total cost of ownership.”
This latest product offering reflects ETF Securities’ intention to diversify its core business beyond commodities.
Product information as at 24th March 2014
Security | Exchange Code | ISIN | Bloomberg | TER |
ETFS 3x Daily Short FTSE 100 | UK3S | JE00B7QK5303 | UK3S LN | 0.82% |
ETFS 3x Daily Long FTSE 100 | UK3L | JE00B9BQ4529 | UK3L LN | 0.82% |
Source: ETFWorld.co.uk – ETF Securities
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