SGAM INDEX S.A.

Borsa Italiana welcomes 1 new structured ETFs issued by SGAM INDEX S.A. on the Open-end structured Funds - class 2 - segment of the ETFplus market.

SGAM ETF XBear DJ EuroStoxx 50
The ETF's target is to achieve reverse upward and downward exposure on the DJ EuroStoxx 50 Total Return index within the maximum limit of 200%.
The exposure is calculated using a multiplier determined by SGAM Alternative Investment S.A. seven business days before the last publication day of the DJ EuroStoxx 50 Total Return index of each quarter (March, June, September, December) and applied on the first business day after this DJ EuroStoxx 50 Total Return index publication date. The multiplier will be between 1.50 and 2.50. Considering the formula, as set out in the prospectus, the inverse exposure achieved will be in the range 150% (minimum level) and 200% (maximum level).

SGAM ETF XBear DJ EuroStoxx 50
Total expense ratio (TER): 0.6%
ISIN code: FR0010424143
Trading code: BXX
Dividends: capitalized
Specialist: Susquehanna International Securities Ltd

Please download the relevant Public Notice: VISUALIZZA PDF