XACT Derivative Bear ETF

The investment seeks to track the price and performance yield, before fees and expenses, of the OBX index.
The fund adds negative leverage to the index. It suits active investors who expect the market to fall. The aim of this fund is to provide a daily return corresponding to approximately 200% of the opposite daily change in the index. The leveraging effect in relation to the index increases the amount of risk involved with this fund to a corresponding degree. The fund has a negative exposure to the market. It invests primarily in OBX futures, corresponding to approximately 200% of the fund’s value.

Key stats

Management firm  Handelsbanken Kapitalforvaltning AS
Domicile  Norway
Global Branding Name  Handelsbanken
Fund currency  NOK
Net Assets Date  2014-08-31
Net Assets  k787,574,211
Launch Date  2008-01-22
ISIN  NO0010405855
SEDOL  B2NVJ17
Manager 1 Name  Stefan Hagman
Manager 2 Name  Anders Dolata
Fund Strategy  Trading - Leveraged/Inverse Equity
Benchmark  OSE OBX Indeks
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  0.50%
Return - 2 Months  3.16 %
Return - 3 Months  -1.33%
Return - 6 Months  -17.05 %
Return - 9 months  -20.12 %
Return - 12 Months  -32.54%
Annualized return 24 months  -27.68 %
Annualized return 36 months  -29.96 %
Annualized return 48 months  -27.73 %
Annualized return 60 months  -29.97 %
Return 120 months  0.00 %
Annualized return since Inception  -30.26%
Return YTD  -18.41%

Charges

Initial  0.00 %
Maximum Managment Charge  0.80 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Tjuvholmen Allé 11
Contact Address 2  PB 1342 Vika
Contact Address 3  0113 Oslo
Contact city  Oslo
Contact country  Norway
Fund Admin Group  Handelsbanken Kapitalforvaltning AS
Web Address  www.handelsbanken.no/fond
Email contact  fond@handelsbanken.no
Phone  +47 22 94 07 00

Price

Last Price Date  2014-09-18
Pre-tax nav  84.11
Pre-tax offer  84.20
Pre-tax bid  84.10
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  k-0.54
Price change (percentage)  -0.64 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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