BIt welcomes the first Short ETF
Starting from July 18th 2007, "db x-trackers DJ EURO STOXX 50 SHORT ETF" will be traded on ETFplus Market
Jul 16 2007 - 17:20
"db x-trackers DJ EURO STOXX 50 SHORT SHORT" will be listed on The Open-end Structured Funds segment - class 1 of ETFplus market. The investment target of the new ETF is to mirror the "Dow Jones EURO STOXX Short Index" that allows investors to attain the inverse performance of the Dow Jones Euro Stoxx 50 index TR.
The index replicates the performance of an investor attaining the negative daily performance of the Dow Jones EURO STOXX 50 TR Index,or, in other words, short selling the index with a daily rebalance.
The cost of dividends and the benefits of earning interest are taken in account in the index calculation of the Dow Jones EURO STOXX 50 Short Index.
Download the relevant public notice: VISUALIZZA PDF