Deutsche Börse: First ETN Launched On EURO STOXX 50 Volatility Index On Xetra - Barclays Bank Extends Its ETN Offering On Volatility Indices

Since Wednesday, a new Barclays Bank ETN bearing the product name iPath has been tradable in Deutsche Börse’s ETN segment.

ETN name: iPath VSTOXX Short-Term Futures Total Return ETN

Asset class: Volatility
ISIN: DE000BC2KTT9
Management fee: 0.89 percent
Benchmark: EURO STOXX 50 Volatility Index (VSTOXX)

The iPath VSTOXX Short-Term Futures Total Return ETN offers investors the opportunity to participate for the first time in the performance of the EURO STOXX 50 Volatility Short-Term Futures Index (VSTOXX Short-Term Futures Index).

The VSTOXX Short-Term Futures Index tracks the implicit volatility of equities in the EURO STOXX 50® index based on a hypothetical portfolio. This portfolio reflects the returns on a rolling investment in two VSTOXX futures contracts which are traded on Eurex® and which have a residual maturity of one to two months.

Deutsche Börse’s ETN segment product range currently comprises 14 instruments on volatility, currency and equity indices. ETNs are exchange-traded debt securities. They track the performance of underlying reference indices outside the commodities sector and have been tradable on Xetra® since December 2009.