Four new equity index ETNs issued by ETFS Equity Securities Limited have been tradable on Xetra since Monday. Exchange traded notes track the performance of underlying reference indices outside of the commodities sector.
The ETFS 3x Daily Long DAX 30 and ETFS 3x Daily Short DAX 30 enable investors to participate in the positive and inverse performance of Germany's 30 largest stock corporations with a leverage factor of three.
ETN name: ETFS 3x Daily Long DAX 30
Asset class: equity index ETN
ISIN: DE000A1YKTG2
Total expense ratio: 0.82 percent
Benchmark: LevDAX® x3 AR (TR)
ETN name: ETFS 3x Daily Short DAX 30
Asset class: equity index ETN
ISIN: DE000A1YKTK4
Total expense ratio: 0.82 percent
Benchmark: ShortDAX® x3 AR (TR)
With the ETFS 3x Daily Long EURO STOXX 50 and ETFS 3x Daily Short EURO STOXX 50, investors also have two further ETNs with triple leverage, which track the positive and inverse performance of Europe's 50 leading blue chip stock corporations.
ETN name: ETFS 3x Daily Long EURO STOXX 50
Asset class: equity index ETN
ISIN: DE000A1YKTH0
Total expense ratio: 0.82 percent
Benchmark: EURO STOXX 50® Daily Leverage 3 EUR Net Return
ETN name: ETFS 3x Daily Short EURO STOXX 50
Asset class: equity index ETN
ISIN: DE000A1YKTL2
Total expense ratio: 0.82 percent
Benchmark: EURO STOXX 50® Daily Short 3 EUR Gross Return
The product offering of Deutsche Börse’s exchange-traded product segment currently comprises 233 exchange-listed commodities (ETCs) and 130 exchange traded notes (ETNs).