db x-trackers, Deutsche Bank’s exchange-traded fund platform, has listed seven daily two times leveraged ETFs on the London Stock Exchange.
Three track daily leveraged short indices and four track daily leveraged long indices from recognised index providers.
The three daily leveraged short ETFs track indices that provide two times daily inverse exposure to the Dax, Euro Stoxx 50and S&P 500.
The four daily leveraged long ETFs track indices that provide two times daily long exposure to the Dax, Euro Stoxx 50, FTSE 100 and S&P 500.
Manooj Mistry (pictured), head of db x-trackers UK, says: “Our experience of marketing the range of db x-trackers short ETFs has shown that there are many institutional investors who want to take tactical leveraged or short positions in their portfolios but do not necessarily have the infrastructure to use derivatives or to go short through borrowing ETF shares. When used correctly, the daily leveraged ETFs can provide sophisticated institutional investors with a liquid and efficient way to implement short term trading or hedging strategies within their portfolios.”