Deutsche Brse is expanding trading with innovative investment funds, it has said in a statement. A leveraged index fund issued by Socit Gnrale Asset Management has been listed in the Xetra Funds segment since Wednesday this week.
The SGAM ETF Leveraged DJ EURO STOXX 50 tracks the performance of the DJ EURO STOXX 50-Index with leverage of up to two.
The leverage level is set on a quarterly basis, allowing investors above-average participation in market movements. The DJ EURO STOXX 50-Index comprises 50 euro-zone stocks, selected on the basis of their market capitalization, trading volume and industry.
The management fee for this structured index fund is 0.60 percent per year.