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ETFX FTSE® 100 Leveraged (2x) Fund £
Investment objective
The ETFX FTSE® 100 Leveraged (2x) Fund £ is designed to track the performance of the FTSE 100® Leveraged Index. The ETFX FTSE® 100 Leveraged (2x) Fund £ seeks to deliver a leveraged return to shareholders which corresponds to twice the daily percentage change in the level of the FTSE 100® Index.
About the Index
The FTSE 100® Leveraged Index is a leveraged index which aims to provide twice the daily percentage change in the level of the FTSE 100® Index less the cost of financing.
The FTSE 100® is a market-capitalisation weighted index representing the performance of the 100 largest UK-domiciled blue chip companies, which pass screening for size and liquidity. The index represents approximately 88% of the UK’s market capitalisation.
Risk warning: Due to the compounding of daily returns, returns measured over periods longer than one day may differ from twice the underlying index return over that longer period. ETFs tracking double short & leveraged equity indices are only suitable for sophisticated investors who understand leverage, compounded daily returns and are willing to magnify potential losses.
Please see the Prospectus for a more detailed explanation and a more complete list of risks.
For Frequently Asked Questions about ETFs tracking double short & leveraged equity indices click here.
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 |
June '09 |
| Management fee |
0.50% |
| Currency |
GBP |
| Minimum investment |
One security |
| Legal Form |
Exchange traded fund, UCITS III Fund |
| Taxes |
No stamp duty or SDRT |
| Index |
FTSE 100® Leveraged Index |
Trading information
| Exchange |
London Stock Exchange |
| Exchange code |
LUK2 |
| Bloomberg code |
LUK2 LN |
| Reuters code |
LUK2.L |
| SEDOL |
B4QNJJ2 |
| ISIN |
IE00B4QNJJ23 |
Index disclaimer:
The ETFX FTSE® 100 Leveraged (2x) Fund £ is not in any way sponsored, endorsed, sold or promoted by FTSE International Limited (“FTSE”) or by the London Stock Exchange Plc (the “Exchange”) or by The Financial Times Limited (“FT”) (together the “Licensor Parties”) and none of the Licensor Parties make any warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE 100® Leveraged Index (the “Index”) and/or the figure at which the said Index stands at any particular time on any particular day or otherwise. The Index is compiled and calculated by FTSE. None of the Licensor Parties shall be liable (whether in negligence or otherwise) to any person for any error in the Index and none of the Licensor Parties shall be under any obligation to advise any person of any error therein.
“FTSE®”, “FT-SE®”, “Footsie®” , “FTSE4Good®” and “techMARK®” are trade marks of the Exchange and the FT and are used by FTSE under licence. “All-World®”, “All-Share®” and “All-Small®” are trade marks of FTSE.
Disclaimer: None of, BofA Merrill Lynch, Barclays Capital, Citi, or Rabobank International accept any responsibility or liability for the content of this communication.
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