SUK2
•
Equity
L&G FTSE 100 SUPER SHORT STRATEGY (DAILY 2X) UCITS ETF
TER (bps):
60
AUM (USD m):
12
ISIN:
IE00B4QNK008
Domicile:
Ireland
Share Class Currency:
GBP
ESG:
No
Geographical Focus:
United Kingdom
As of:
20 Nov 2024
Climate Fund:
No
Benchmark
The FTSE 100 Daily Super Short Index is designed to replicate a leveraged inverse of the performance which an investor experiences when they track the underlying reference FTSE 100 Index, with a daily reset of the short leverage. The Daily Short Index takes into account the main components of performance from daily shorting investment strategies: (1) Capital gains/losses associated with the underlying equity securities; (2) Cash dividends paid by the underlying securities; (3) Interest earned on the initial capital as well as proceeds of the short sale, and (4) Stock borrowing costs.
PERFORMANCE
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