Inactive Instrument

Lyxor ESTX 50 Daily(-1x)Inverse(L)UE Stock

ETF

CBSX5S

LU0392496856

Dynamic Chart

Investment objective

The ComStage EURO STOXX 50® Daily Short UCITS ETF is a UCITS compliant exchange traded fund that aims to track the benchmark index EURO STOXX 50 Short Return Index. The EURO STOXX 50 Short Return Index is linked to the performance of the EURO STOXX 50 Index in an inverse way - a positive development of the EURO STOXX 50 Index will result in a negative change of the same amplitude in the EURO STOXX 50 Daily Short Index and vice versa. I.e. if the underlying EURO STOXX 50 Index is down 2%, the EURO STOXX 50 Short Return Index is up 2% and vice versa plus interest earned on the investment (EONIA). Additionally the EURO STOXX 50 Short Return Index includes the cost of borrowing on a monthly basis.
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Description

LU0392496856
Total Expense Ratio
  1. Stock Market
  2. ETF
  3. CBSX5S ETF