Inactive Instrument

Lyxor Bund Future Daily(2x)Leverage(L)UE Stock

ETF

CBBFL

LU0530118024

Dynamic Chart

Investment objective

The ComStage Bund-Future Leveraged UCITS ETF is a UCITS compliant exchange traded fund that aims to track the benchmark index Solactive Bund Daily (2x) Leveraged Index. The Solactive Bund Daily (2x) Leveraged Index is a strategy linked to the performance of the Euro-Bund future. The strategy reflects the performance of an daily investment with a double long position in the Euro-Bund future plus interest, based on the EONIA rate, on any capital that is not tied up. It works as follows: the strategy will rise if interest rates for 10-year bonds fall, and the strategy will fall if interest rates for 10-year bonds rise. The strategy generates approximately double the performance of the Bund future on a daily basis. Please note that for holding periods of more than one day, the performance of the leverage index does not match the double performance of the base index due to the daily calculation basis. The starting level of the index was set at 100 index points on 4 January 2010.
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Description

LU0530118024
Total Expense Ratio
  1. Stock Market
  2. ETF
  3. CBBFL ETF