Two new ETNs issued by Boost have been tradable on Xetra since Friday. The new products refer to indices in the BNP Paribas Future index family and give investors access to the inverse performance of 1-month futures contracts on German and US government bonds with a leverage factor of three. Additional returns are generated through interest revenue earned on the collateralised amount.
ETN name: Boost Bund 10Y 3x Short Daily ETP
Asset class: bond
ISIN: DE000A1ZLZB5
Management fee: 0.30%
Benchmark: BNP Paribas Bund Future Index
The Boost Bund 10Y 3x Short Daily ETP provides a total return comprised of three times the inverse daily performance of the BNP Paribas Bund Future Index. The reference index comprises a position in the Euro-Bund Future front-month contract, which tracks the yields of German government bonds with a residual maturity of 8.5 - 10.5 years.
ETN name: Boost US Treasuries 10Y 3x Short Daily ETP
Asset class: bond
ISIN: DE000A1ZLZC3
Management fee: 0.30%
Benchmark: BNP Paribas US Treasury Note 10y Future Index
The Boost US Treasuries 10Y 3x Short Daily ETP provides a total return comprised of three times the inverse daily performance of the BNP Paribas US Treasury Note 10Y Future Index. The reference index comprises a position in the 10-year US Treasury Note Future front-month contract, which tracks the yields of US government bonds with a residual maturity of 6.5 - 10 years.
Exchange-traded notes track the performance of underlying reference indices outside of the commodities sector.
The product offering of Deutsche Börse’s ETP segment currently comprises 224 exchange-listed commodities (ETCs) and 141 exchange-traded notes (ETNs).
Xetra® is a registered trademark of Deutsche Börse AG.
