db x-trackers S&P 500 Inverse Daily 1C (LSE:XSPD) - Overview

ETF Report

db x-trackers S&P 500 Inverse Daily UCITS ETF 1C (USD) XSPD

Closing Price
USD18.64

1 Day Change
-0.25|-1.32%

As of 08/12/2016

Last Close18.64
52-Wk Range18.68 - 23.90
Yield %0.00
ISINLU0322251520
Volume65,265
Premium %0.14

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

HowHasThisSecurityPerformed
20122013201420152016
Fund-13.17-27.53-15.33-3.95-10.47
  • Fund: db x-trackers S&P 500 Inverse Daily UCITS ETF 1C (USD)
  • Category: Trading - Leveraged/Inverse Equity
  • Benchmark: Not Categorized
Trailing Returns % (USD) 08/12/2016
Fund
YTD-11.93
3 Years Annualised-11.27
5 Years Annualised-15.09
10 Years Annualised-
Key Stats
Morningstar® CategoryTrading - Leveraged/Inverse Equity
ISINLU0322251520
NAV 08/12/2016USD 18.64
Day Change-1.32%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil)-
Total Expense Ratio0.50%
Initial Charge-
Exit Charge-
Manager Name-
Inception Date15/01/2008

Morningstar Rating™

Not Rated

Morningstar SRRI

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

Benchmarks

Fund Benchmark

-100% S&P 500 Inverse Daily TR USD

Morningstar® Benchmark

Not Categorized

Investment Objective

The Investment Objective of the Sub-Fund is to track the performance of the Underlying Asset, which is the S&P 500 Inverse Daily Index. The objective of the Index is to provide the inverse performance of the S&P 500 Total Return (TR) Index on a daily basis plus a prorated portion of interest, based on double the Overnight USD LIBOR rate. The fund will mainly invest in transferable securities and use derivative techniques such as index swap agreements negotiated at arm's length with the Swap Counterparty. It invests part or all of the net proceeds of any issue of its Shares in one or more OTC Swap Transactions and exchange the invested proceeds against the performance of the Index. The fund will not invest more than 10% of its assets in units or shares of other UCITS or other UCIs. The fund will in no circumstances be leveraged for investment purposes and will therefore not be subject to any shortfall risk. It will have no maturity date.

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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