db x-trackers launchs 5 new short ETFs
Starting from March 19th 2008, n. 5 new short ETFs on DJ Stoxx 600 sector indices
Mar 17 2008 - 15:42
Borsa Italiana welcomes on the Open-end structured fund segment of ETFplus market 5 structured ETFs issued by "db x-trackers" (Deutsche Bank group). The new ETFs aim to track the performance of their benchmark indices here below described.
DJ Stoxx 600 Banks Short Index
DJ Stoxx 600 Health Care Short Index
DJ Stoxx 600 Oil & Gas Short Index
DJ Stoxx 600 Technology Short Index
DJ Stoxx 600 Telecommunications Short Index
The above mentioned ETFs allow investors to attain the inverse performance of the relevant DJ Stoxx 600 sector index.
The indices replicate the performance of an investor attaining the negative daily performance of the relevant DJ Stoxx 600 sector 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 indices calculation.
Please download the relevant public notice:
VISUALIZZA PDF
