ETFX DAX 2x Short Fund (DE)

The investment seeks to track the price and yield performance, before fees and expenses, of the ShortDAX x2 index.
The Investment Manager will seek to achieve the investment objective primarily through the use of FDIs, principally through entering into OTC Swaps. The terms of any such OTC Swap will aim to provide the return of the ShortDAX® x2 Index. In doing so, the ETFX DAX® 2x Short Fund will seek to gain exposure to all of the component securities of the ShortDAX® x2 Index in substantially the same weighting as the ShortDAX® x2 Index and consequently the ETFX DAX® 2x Short Fund may have exposure to or invest directly up to 20% of its Net Asset Value in shares issued by the same body, which limit may be raised to 35% for a single issuer in exceptional market conditions.

Key stats

Management firm  ETF Securities Ltd
Domicile  Ireland
Fund Administrator  BNY Mellon Fund Services (Ireland) Ltd
Global Branding Name  ETFS
Fund Status  OBSOLETE
Fund currency  EUR
Net Assets Date  2013-07-31
Net Assets  €72,614,314
Launch Date  2009-08-18
Obsolete Date  2013-08-23
ISIN  DE000A0X9AA8
SEDOL  B3XS937
Manager 1 Name  Anthony Martin
Fund Strategy  Trading - Leveraged/Inverse Equity
Benchmark  FSE Short DAX X2 TR EUR
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2013-07-31
Return - 1 Month  -8.44%
Return - 2 Months  -0.47 %
Return - 3 Months  -11.38%
Return - 6 Months  -17.02 %
Return - 9 months  -29.05 %
Return - 12 Months  -40.19%
Annualized return 24 months  -29.91 %
Annualized return 36 months  -30.95 %
Annualized return since Inception  -32.88%
Return YTD  -20.98%

Charges

Initial  5.00 %
Maximum Managment Charge  0.60 %
Exit charge  3.00 %

Contact

Contact Address  Level 27, AMP Centre
Contact Address 2  50 Bridge Street
Contact city  Sydney
Contact country  Australia
Fund Admin Group  ETF Securities Ltd
Web Address  www.etfsecurities.com
Email contact  info@etfsecurities.com
Custodian  BNY Mellon Trust Company (Ireland) Ltd
Phone  +61 2 9365 3639

Price

Last Price Date  2013-08-22
Pre-tax nav  18.33
Pre-tax offer  18.38
Pre-tax bid  18.16
Price change  €-0.51
Price change (percentage)  -2.72 %

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Ratings Disclaimer

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