Five listed bond index funds issued by ComStage have begun trading in Deutsche Börse’s XTF segment.
Three of the five ETFs – ComStage ETF CAC 40, ComStage ETF CAC 40 Short TR and ComStage ETF CAC 40 Leverage – track the CAC 40 Index, CAC 40 Short Index and CAC 40 Leverage Index.
Investors can thus participate in the performance of the 40 leading French companies with single or double leverage. They can also participate in inverse performance with the ComStage ETF CAC 40 Short.
The ComStage ETF S&P 500 ETF tracks the S&P 500 Index, which is weighted according to free float market capitalisation and in turn tracks the performance of the 500 largest US stock corporations in terms of market capitalisation. The S&P 500 is a total return net index, i.e. all dividends and distributions after any tax deductions are taken into account in the calculation of the index.
The ComStage ETF NYSE Arca Gold Bugs allows investors to participate in the performance of companies from the gold mining sector. The index tracks short-term movements in the price of gold by accepting companies into the index which hedge their gold production for no longer than 18 months.