L&G DAX® Daily 2x Long UCITS ETF EUR Accumulating ETF/  IE00B4QNHH68  /

Fonds
NAV2024-05-27 Chg.+3.9338 Type of yield Investment Focus Investment company
467.7505EUR +0.85% reinvestment Special Type ETF Special LGIM Managers (EU) 

Investment strategy

The Fund is a passively managed exchange traded Fund that aims to track the performance of the LevDAX® x2 Index (the "Index"), subject to the deduction of the ongoing charges and other costs associated with operating the Fund. Shares in this Share Class (the "Shares") are denominated in EUR and can be bought and sold on stock exchanges by ordinary investors using an intermediary (e.g. a stockbroker). In normal circumstances, only Authorised Participants may buy and sell Shares directly with the Company. Authorised Participants may redeem their Shares on demand in accordance with the "Dealing Timetable" published on http://www.lgim.com.The Index is a leveraged index. The daily percentage change in the level of the Index is intended to reflect twice the daily percentage change in the level of the DAX® Index (the "Underlying Index") less an implied amount reflecting the cost of borrowing additional capital to invest in the Underlying Index portfolio so as to create the leveraged exposure (the "Financing Cost"). The Underlying Index is comprised of 40 of the largest and most liquid companies that are listed on the Frankfurt Stock Exchange.
 

Investment goal

The Fund is a passively managed exchange traded Fund that aims to track the performance of the LevDAX® x2 Index (the "Index"), subject to the deduction of the ongoing charges and other costs associated with operating the Fund.
 

Master data

Type of yield: reinvestment
Funds Category: Special Type
Country: Germany
Branch: ETF Special
Benchmark: LevDAX® x2 Index Gross TR EUR
Business year start: 07-01
Last Distribution: -
Depository bank: The Bank of New York Mellon SA/NV
Fund domicile: Ireland
Distribution permission: Germany
Fund manager: -
Fund volume: 34.28 mill.  EUR
Launch date: 2009-06-16
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.40%
Minimum investment: 1.00 EUR
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: LGIM Managers (EU)
Address: 2 Dublin Landings, 1-W-131, Dublin
Country: Ireland
Internet: www.lgim.com/ie/
 

Countries

Germany
 
92.20%
Netherlands
 
7.80%

Currencies

Euro
 
100.00%