Eight new exchange-traded notes (ETNs) issued by ETFS Foreign Exchange Limited have been tradable on Xetra since Thursday.
The eight new currency ETNs allow investors to participate in the performance of currency indices with a leverage factor of five for the first time. The underlying ETNs track the exchange rate movements of the euro to the Australian dollar, Japanese yen, Swiss franc and US dollar. Depending on the ETN selected, investors have the opportunity to benefit from a rising or a falling euro exchange rate. The new products are listed in the attached table with ISIN and total expense ratio.
Exchange traded notes are passive investment products that track the performance of underlying reference indices. Unlike exchange traded commodities (ETCs), which are also listed on Deutsche Börse, ETNs are based on indices outside the commodities sector. ETCs and ETNs are both types of exchange tradable bond.
Deutsche Börse’s product range in the ETF and ETP segment currently comprises 1,038 ETFs, 223 ETCs and 149 ETNs. This selection, together with an average monthly trading volume of around €10 billion, makes Xetra Europe’s leading trading venue.
Eight currency ETNs from ETFS Foreign Exchange launched on Xetra
Euro-based currency ETNs:
| Currency ETN | ISIN | Total expense ratio |
| ETFS 5x Long AUD Short EUR | DE000A12Z3V6 | 1.88% |
| ETFS 5x Short AUD Long EUR | DE000A12Z3W4 | 1.88% |
| ETFS 5x Long CHF Short EUR | DE000A12Z3X2 | 1.88% |
| ETFS 5x Short CHF Long EUR | DE000A12Z3Y0 | 1.88% |
| ETFS 5x Long JPY Short EUR | DE000A12Z3Z7 | 1.88% |
| ETFS 5x Short JPY Long EUR | DE000A12Z306 | 1.88% |
| ETFS 5x Long USD Short EUR | DE000A12Z314 | 1.88% |
| ETFS 5x Short USD Long EUR | DE000A12Z322 | 1.88% |
