This communication is made by ETF Securities Marketing LLP of 6th Floor, 2 London Wall Buildings, London EC2M 5UU. Any references in the following document to ETF Securities Limited making this communication should be construed as references to ETF Securities Marketing LLP. ETF Securities Marketing LLP is not regulated by the Jersey Financial Services Commission.
With effect from 1 January 2011, ETFS Management Company (Jersey) Limited has replaced ETF Securities Limited as the Product Manager of each of ETFS Commodity Securities Limited, ETFS Foreign Exchange Limited, ETFS Industrial Metal Securities Limited, ETFS Metal Securities Limited, ETFS Oil Securities Limited and Gold Bullion Securities Limited. Any references in the following document to ETF Securities Limited (other than references to ETF Securities Limited making this communication) shall be construed as references to ETFS Management Company (Jersey) Limited. ETFS Management Company (Jersey) Limited is regulated by the Jersey Financial Services Commission
This communication is provided for your general information only and does not constitute investment advice or an offer to sell or the solicitation of an offer to buy any investment. The terms and conditions applicable to investors will be set out in the relevant Prospectus.
Nothing in this communication is advice on the merits of any product or investment. Nothing in this communication constitutes investment, legal, tax or any other advice nor is it to be relied on in making an investment or other decision. You should take your own independent investment, tax and legal advice as you think fit.
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Important notice
This communication is made by ETF Securities Marketing LLP of 6th Floor, 2 London Wall Buildings, London EC2M 5UU. Any references in the following document to ETF Securities Limited making this communication should be construed as references to ETF Securities Marketing LLP
With effect from 1 January 2011, ETFX Investment Management LLP has replaced ETF Securities Limited as the Promoter of the Company. Any references in the following document to ETF Securities Limited (other than references to ETF Securities Limited making this communication) shall be construed as references to ETFX Investment Management LLP. ETFX Investment Management LLP is not regulated by the Jersey Financial Services Commission but is authorised and regulated by the United Kingdom Financial Services Authority. ETF Securities Marketing LLP is not regulated by the Jersey Financial Services Commission.
This communication is provided for your general information only and does not constitute investment advice or an offer to sell or the solicitation of an offer to buy any investment. The terms and conditions applicable to investors will be set out in the relevant Prospectus.
Nothing in this communication is advice on the merits of any product or investment. Nothing in this communication constitutes investment, legal, tax or any other advice nor is it to be relied on in making an investment or other decision. You should take your own independent investment, tax and legal advice as you think fit.
ETFX DAXglobal Steel Fund is designed to track the performance of the DAXglobal® Steel Index.
About the Index
The DAXglobal Steel index tracks the largest companies in the steel sector that generate at least 50 percent of their business from metal ore mines or steel production. The selection criteria for the DAXglobal Steel index are market capitalization and the average daily exchange turnover for the last three months. The market capitalization of the index members must be at least USD 500 million, the average daily exchange turnover USD 2 million and the composite equities are given a maximum weighting of 15 percent.
About ETF Exchange (ETFX)
ETF Exchange is the world’s first 3rd Generation ETF Platform offering investor’s access to low cost swap backed ETFs with credit diversification across a number of participants rather than reliance on a single bank. As the banks, APs and market makers compete for business, true liquidity and competition is created.
ETF Securities is working with: Bank of America Merrill Lynch, Barclays Capital, Citi, and Rabobank International who are participants on the platform, acting as distribution partners, authorised participants and swap providers.
To find out more about Third Generation ETFs click here.
To find out more about ETFX Partners click here.
Daily security data
Key facts
Inception date
September '08
Management fee
0.65%
Currency
EUR
Minimum investment
One security
Legal Form
Exchange traded fund, UCITS Fund
Taxes
No stamp duty or SDRT
Index
DAXglobal® Steel Index TR (USD)
Trading information
Exchange
Amsterdam Stock Exchange
Exchange code
STEE
Bloomberg code
STEE NA
Reuters code
STEE.AS
SEDOL
B3D34W6
ISIN
IE00B3CNJ002
Allocation
Index Disclaimers: The ETFX DAXglobal Steel Fund is neither sponsored nor promoted, distributed or in any other manner supported by Deutsche Börse AG (the “Licensor”). The Licensor does not give any explicit or implicit warranty or representation, neither regarding the results deriving from the use of the DAXglobal® Steel Index and/or the term DAXglobal® (the “Index Trademark”) nor regarding the DAXglobal® Steel Index value at a certain point in time or on a certain date nor in any other respect. The DAXglobal® Steel Index is calculated and published by the Licensor. Nevertheless, as far as admissible under statutory law the Licensor will not be liable vis-à-vis third parties for potential errors in the DAXglobal® Steel Index. Moreover, there is no obligation for the Licensor vis-à-vis third parties, including investors, to point out potential errors in the DAXglobal® Steel Index. Neither the publication of the DAXglobal® Steel Index by the Licensor nor the granting of a license to the Company’s Promoter regarding the DAXglobal® Steel Index as well as the Index Trademark for the utilisation in connection with the ETFX DAXglobal Steel Fund, which is derived from the DAXglobal® Steel Index, represents a recommendation by the Licensor for a capital investment or contains in any manner a warranty or opinion by the Licensor with respect to the attractiveness on an investment in the ETFX DAXglobal Steel Fund. In its capacity as sole owner of all rights to the DAXglobal® Steel Index and the Index Trademark the Licensor has solely licensed to the Promoter of the ETFX DAXglobal Steel Fund the utilisation of the DAXglobal® Steel Index and the Index Trademark as well as any reference to the DAXglobal® Steel Index and the Index Trademark in connection with the ETFX DAXglobal Steel Fund. A list of all Funds of the Company currently authorised by the Financial Regulator is contained in the Fund Schedule Supplement.
Disclaimer: None of, BofA Merrill Lynch, Barclays Capital, Citi, or Rabobank International accept any responsibility or liability for the content of this communication.
