ETFS DAX Daily 2x Short GO ETF GBP (LSE:DS2P) - Overview

ETF Report

ETFS DAX® Daily 2x Short GO UCITS ETF (GBP) DS2P

Closing Price
GBX608.00

1 Day Change
-4.10|-0.67%

As of 02/12/2016

Last Close608.00
52-Wk Range529.75 - 929.00
Yield %-
ISINIE00B4QNHZ41
Volume15,216
Discount % %-45.72

Growth Of 10,000 (GBP) 30/11/2016

HowHasThisSecurityPerformed
20122013201420152016
Fund-49.92-41.41-20.37-33.94-0.12
  • Fund: ETFS DAX® Daily 2x Short GO UCITS ETF (GBP)
  • Category: Trading - Leveraged/Inverse Equity
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 02/12/2016
Fund
YTD1.21
3 Years Annualised-20.00
5 Years Annualised-30.62
10 Years Annualised-
Key Stats
Morningstar® CategoryTrading - Leveraged/Inverse Equity
ISINIE00B4QNHZ41
NAV 02/12/2016GBX 608.00
Day Change-0.67%
12 Month Yield-
Dividend Frequency-
Net Assets (mil)-
Total Expense Ratio0.60%
Initial Charge-
Exit Charge-
Manager NameAnthony Martin
Inception Date15/06/2009

Morningstar Rating™

Not Rated

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Benchmarks

Fund Benchmark

FSE Short DAX X2 TR EUR

Morningstar® Benchmark

Not Categorized

Investment Objective

The ETFS DAX® Daily 2x Short GO UCITS ETF (DES2) is designed to track the performance of the ShortDAX® x2 Index (the "Tracked Index"). The Tracked Index is a strategic index that is designed to provide twice the inverse of the daily percentage change in the level of the DAX® Index (the "Underlying Index") plus an implied amount reflecting the interest accruing on the cash proceeds earned from the sale of the index portfolio (the "Interest Rate") less the cost of borrowing the index portfolio for the leveraged short exposure (the "Borrowing Cost"). This magnified inverse exposure is known as a 'short and leveraged' exposure. For example, if the Underlying Index was to decrease in value by 5% on a particular day, the Tracked Index is designed to increase in value by 10% on that day, subject to the adjustments for the Interest Rate and Borrowing Cost. DES2 is designed to reflect the performance of the Tracked Index, minus fees and expenses. DES2 is an exchange traded fund ("ETF").

Portfolio Profile-

AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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