The Fund’s investment objective is to achieve exposure with daily 2x leverage to increases and decreases in Italian equity prices by replicating the performance of the FTSE MIB Daily Leveraged RT Net-of-Tax (Lux) TR strategy index (see the “Benchmark index” section below), whether positive or negative, by minimizing the tracking error between the Fund’s performance and that of the FTSE MIB Daily Leveraged RT Net-of-Tax (Lux) TR index. The FTSE MIB Daily Leveraged RT Net-of-Tax (Lux) TR index strategy index reflects the performance of the FTSE MIB Net Total Return index (the “Parent Index”) with a daily 2x leverage effect. This means that if the underlying index rises/falls by 2% on a given day the leveraged index will rise/fall respectively by 4%, minus borrowing costs, on that day. The expected ex-post tracking error under normal market conditions is 0.18%.
Lyxor International Asset Management
SGSS Net Asset Value
Global Branding Name
12 month yield
Net Assets Date
Manager 1 Name
Trading - Leveraged/Inverse Equity
FTSE MIB Daily Lev RT Net-of-Tax NR EUR
UCITS 3 compliant
Return - 1 Month
Return - 2 Months
Return - 3 Months
Return - 6 Months
Return - 9 months
Return - 12 Months
Annualized return 24 months
Annualized return 36 months
Annualized return 48 months
Annualized return 60 months
Return 120 months
Annualized return since Inception
Maximum Managment Charge
Mainzer Landstraße 36
Contact Address 2
17, cours Valmy
Frankfurt am Main
Fund Admin Group
Lyxor International Asset Management
Société Générale Bank & Trust S.A.
Last Price Date
Price change (percentage)
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© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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