Complements ETF Securities’ short & leveraged ETP platform, 3rd largest in Europe. Expands ETF Securities’ range of equity products…
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ETF Securities, one of the world’s leading, independent providers of exchange traded products (ETPs), has launched its first range of daily short and leveraged equity ETPs with a 3x leverage factor on Borsa Italiana. The ETPs provide access to the FTSE MIB, CAC 40, FTSE 100, Euro Stoxx 50 and DAX 30.
The new products complement ETF Securities’ existing platform of short and leveraged ETPs, which were introduced in 2008 and have grown to ca. US$1.43bn of AUM. The platform is the third largest in Europe and offers one of the broadest product ranges with over 100 securities providing exposure to commodities, equities and currencies. Year to date, ETF Securities’ short and leveraged ETPs have seen net inflows of approximately US$121mm, reflecting investors’ interest in using the products to trade tactically.
Having seen global AUMs in short and leveraged ETPs soar from US$9bn to over US$60bn[1] since 2006, ETF Securities is not only expanding its product offering but also developing its range of educational material available to investors who wish to use short and leveraged ETPs. Most recently, the business launched a new web page providing a guide to short and leveraged commodities, as well as a simulator tool intended to help investors better understand the risks and returns provided by short and leveraged ETPs.
Commenting on the launch of the 3x equity ETPs, Townsend Lansing, Head of Short and Leveraged Platform, ETF Securities said:
“We have seen tremendous growth in both our platform and in short and leveraged products globally over the past 8 years. Our current range of equity products is popular with investors, with ca. US $220mm in AUM and a 12-month average daily volume of over US$20mn. We are excited to expand our range of short and leveraged ETPs and provide investors with additional tools to take short term views and make tactical trades. We believe these products provide opportunities to trade on a short term basis with a competitive total cost of ownership.”
Also commenting on the launch, Massimo Siano, Head of Sales for Italy and France at ETF Securities said:
“Our short and leveraged ETPs have proven very popular with Italian investors. With 94 short and leveraged ETPs across equities, currencies and commodities listed on the exchange, representing approximately $725mm of AUM, we are one of the leaders on Borsa Italiana in this space. We continue to believe that Italy is an important market for our ETPs, as investors search for tax efficient and cost effect trading solutions.”
This latest product offering reflects ETF Securities’ intention to diversify its core business beyond commodities.
Product information
Security | Exchange Code | ISIN | Bloomberg | TER |
ETFS 3x Daily Short CAC 40 | FR3S | JE00B83F5M43 | FR3S IM | 0.82% |
ETFS 3x Daily Long CAC 40 | FR3L | JE00B89ZNT11 | FR3L IM | 0.82% |
ETFS 3x Daily Short FTSE MIB | IT3S | JE00B894R074 | IT3S IM | 0.82% |
ETFS 3x Daily Long FTSE MIB | IT3L | JE00B8DVWK97 | IT3L IM | 0.82% |
ETFS 3x Daily Short FTSE 100 | UK3S | JE00B7QK5303 | UK3S IM | 0.82% |
ETFS 3x Daily Long FTSE 100 | UK3L | JE00B9BQ4529 | UK3L IM | 0.82% |
ETFS 3x Daily Short Euro Stoxx 50® | UE3S | DE000A1YKTL2 | UE3S | 0.82% |
ETFS 3x Daily Long Euro Stoxx 50® | EU3L | DE000A1YKTH0 | EU3L | 0.82% |
ETFS 3x Daily Short DAX 30 | GE3S | DE000A1YKTK4 | GE3S | 0.82% |
ETFS 3x Daily Long DAX 30 | GE3L | DE000A1YKTG2 | GE3L | 0.82% |
Source: ETFWorld.co.uk
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