ETFS DAX Daily 2x Long GO UCITS ETF

ETFS DAX Daily 2x Long GO UCITS ETF GBP

  • FE Crown Rating: Passive fund
    1year Growth
ETFS DAX Daily 2x Long GO UCITS ETF GBP 48.7%
 
 
     
0 150+
266
0

FE RISK SCORE

 
1year
3year
1st Quartile
 
 
2nd Quartile
 
 
3rd Quartile
 
 
4th Quartile
 
 

FUND RANKING

Currency: GBP
Mid: 265.80
Change: 2.77
Yield: n/a

PRICE

Initial Charges: n/a
Annual Mgt. Charge: n/a
Total Expense Ratios: 0.40
ISA: SIPP:

CHARGES

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2a
PAST PERFORMANCE: FUND VS SECTOR
1b
FUND MANAGER CLOSE

Most, but not all, ETFs are index-tracking funds and therefore try to invest in stocks that reflect the index they are tracking. Therefore, a fund manager or fund team are rarely required as the composition of the fund is usually assembled and traded by a computer algorithm.

This keeps fund costs very low.
For example, if a company is relegated from the FTSE 100 and replaced by another company, the ETF will automatically sell its holding in the relegated stock and buy into the newly promoted FTSE 100 company.

 
4d
FUND OBJECTIVES & COMPANY INFO
The ETFS DAX® Daily 2x Long GO UCITS ETF (DL2P) is designed to track the performance of the LevDAX® x2 Index (the “Tracked Index”). The Tracked Index is a strategic index that is designed to provide twice the daily percentage change in the level of the DAX® Index (the "Underlying Index") less an implied amount reflecting the cost of borrowing additional capital to invest in the index portfolio to create the leveraged position (the “Financing Cost”). This magnified exposure is known as '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 decrease in valu...
Investment Objectives
The ETFS DAX® Daily 2x Long GO UCITS ETF (DL2P) is designed to track the performance of the LevDAX® x2 Index (the “Tracked Index”). The Tracked Index is a strategic index that is designed to provide twice the daily percentage change in the level of the DAX® Index (the "Underlying Index") less an implied amount reflecting the cost of borrowing additional capital to invest in the index portfolio to create the leveraged position (the “Financing Cost”). This magnified exposure is known as '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 decrease in value by 10% on that day, subject to the adjustment for the Financing Cost. DL2P is designed to reflect the performance of the Tracked Index, minus fees and expenses. DL2P is an exchange traded fund ("ETF"). Shares in the ETF can be created and redeemed on demand by authorised participants and are traded on exchange. The ETF is authorised and regulated as a UCITS and is eligible for investment by other UCITS. The ETF is backed by unfunded swaps. The ETF gains exposure to the Index via a swap and counterparty exposure is mitigated by a combination of cash and eligible securities.

Contact Details
ETF Securities (UK) Limited, 3 Lombard Street, London, United Kingdom, EC3V 9AA
44 (0) 207 448 4366 (Main Number)

infoUK@etfsecurities.com
MORE & FULL COMPANY INFORMATION
5e
PORTFOLIO BREAKDOWN & HISTORY
  Name Total% Rank (Prev)
 
SIEMENS AG NA
9.88 1 1
 
BAYER AG NA O.N.
9.49 2 -
 
SAP SE O.N.
8.98 3 -
  Name Total% Rank (Prev)
 
Chemicals
20.00 1 1
 
Automobiles
13.60 3 2
 
Industrials
11.00 4 4
 NameTotal%Rank(Prev)
 
European Equities
100.00 1 1
    
    
 NameTotal%Rank(Prev)
 
Europe
100.00 1 1
       
       
Top 10 Holdings
 NameTotal%Rank(Prev)
 
SIEMENS AG NA
9.88 1 1
 
BAYER AG NA O.N.
9.49 2 -
 
SAP SE O.N.
8.98 3 -
 
ALLIANZ SE NA O.N.
7.88 4 -
 
BASF SE NA O.N.
7.55 5 -
 
DAIMLER AG NA O.N.
6.40 6 -
 
DT.TELEKOM AG NA
5.04 7 -
 
ADIDAS AG NA O.N.
3.11 8 -
 
FRESENIUS SE+CO.KGAA...
3.11 9 -
 
DEUTSCHE POST AG NA ...
3.08 10 -
TOTAL64.52  
Top 10 Sectors
 SectorTotal%Rank(Prev)
 
Chemicals
20.00 1 1
 
Automobiles
13.60 3 2
 
Industrials
11.00 4 4
 
Insurance
10.70 5 5
 
Software
9.00 6 6
 
Pharmaceuticals
6.30 7 7
 
Consumer Goods
6.20 8 8
 
Telecommunications
5.00 9 9
 
Banks
4.00 10 -
 
Other Holdings
14.20 - -
TOTAL100.00  
Top 10 Assets
 AssetTotal%Rank(Prev)
 
European Equities
100.001 1
    
    
    
    
    
    
    
    
    
TOTAL100.00  
Top 10 Regions
 RegionsTotal%Rank(Prev)
 
Europe
100.001 1
    
    
    
    
    
    
    
    
    
TOTAL100.00  
SHOW ALL
7f 5e
KEY STATISTICS
Fund Type: Ireland Exchange Traded Fund
Index: n/a
Asset Class: Equity
Open / closed to new business: Open
Fund size: £28.9m / $37.7m (24-Jul-17)
Launch date: 18-Jun-2009
Dividends p.a.: 0
Price frequency: Daily
ISIN: IE00B4QNHH68
Sedol: B54TDV9
8g
RATIOS
1year 3year
Volatility 24.29 32.48
Alpha n/a n/a
Beta n/a n/a
Sharpe 2.58 0.30
InfoRatio n/a n/a
RSquared n/a n/a
QUARTILES KEY:
1st 2nd 3rd 4th

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