L&G DAX® Daily 2x Long UCITS ETF EUR Accumulating ETF
IE00B4QNHH68
L&G DAX® Daily 2x Long UCITS ETF EUR Accumulating ETF/ IE00B4QNHH68 /
NAV5/27/2024 |
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: |
7/1 |
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: |
6/16/2009 |
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% |