ComStage Commerzbank Bund-Future Double Short TR UCITS ETF ISIN LU0530124006, Valor Number 11555647

 
 
 

Strategy of ComStage Commerzbank Bund-Future Double Short TR UCITS ETF

Investment strategy

The Commerzbank Bund-Future Strategy Short Leverage index tracks the two times leveraged inverse performance of the Commerzbank Bund-Future Strategy index. The Commerzbank Bund-Future Strategy index tracks the Euro-Bund future. The Euro-Bund future is a synthetic 10 year bond issued by the German government.

Factsheet EN   
 

Bund-Future Short Leverage (2x) (1)

Bonds (6) Germany (3) Government (3) 7-10 (3)

Quote

CHF 40.58
Last quote
17/11/17
37.32 52 weeks low/high 41.50
52 weeks low/high
 
 

Risk and fees of ComStage Commerzbank Bund-Future Double Short TR UCITS ETF

Risk

CHF 103 m
Fund size
Fund size category

Replication

Synthetic (Unfunded swap)
Legal structure ETF
Strategy risk Short, Leverage
Fund currency EUR

Currency risk

Currency unhedged
Volatility 1 year (in CHF) 10.56% Risk category
Inception Date 07 October 2010
Maximum drawdown
since inception (in EUR)
-62.02%
Maximum drawdown period 79 Months

Fees

0.20% p.a.
Total expense ratio
0.07% Compare 4.00%
Compare (Bonds)

Dividend/ Taxes

Distribution policy Accumulating
Distribution frequency -
Fund domicile Luxembourg

Legal structure

Fund Structure Corporate entity (SICAV, OEIC, SICAF, others)
UCITS compliance Yes
Fund Provider Commerz Funds Solutions
Administrator BNP Paribas Securities Services S.A. (Lux)
Investment Advisor Commerzbank AG, Frankfurt
Custodian Bank BNP Paribas Securities Services S.A. (Lux)
Revision Company PricewaterhouseCoopers, Luxembourg
Fiscal Year End 30 July
Swiss representative Commerzbank Aktiengesellschaft, Frankfurt am Main, Zweigniederlassung Zürich
Swiss paying agent Commerzbank Aktiengesellschaft, Frankfurt am Main, Zweigniederlassung Zürich

Tax Status

Germany Tax transparent
Switzerland No ESTV Reporting
Austria Tax Reporting Fund
UK No UK Reporting
EU Savings Directive Out of Scope

Replication, swap, securities lending

Indextype Total return index
Swap counterparty Commerzbank AG
Collateral manager Commerz Funds Solutions S.A.
Securities lending Yes
Securities lending counterparty Commerzbank AG
 
 
 

Performance of ComStage Commerzbank Bund-Future Double Short TR UCITS ETF

Return

1 year: 0.37%
Performance (incl. dividend)
Return in:
 
YTD 2016 2015 2014 2013
3.66% -14.59% -14.89% -26.88% 4.82%
1 month 3 months 6 months 1 year 3 years
0.75% -0.44% 1.63% 0.37% -27.87%
 

Documents for ComStage Commerzbank Bund-Future Double Short TR UCITS ETF

 

Description of ComStage Commerzbank Bund-Future Double Short TR UCITS ETF

The ComStage Commerzbank Bund-Future Double Short TR UCITS ETF tracks the inverse and leveraged development of the index.

The total expense ratio amounts to 0.20% p.a.. The fund replicates the performance of the underlying index synthetically with a swap. The ComStage Commerzbank Bund-Future Double Short TR UCITS ETF is a small ETF with 103m CHF assets under management. The ETF is older than 5 years and is domiciled in Luxembourg.
 

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— All quotes are 15 minutes delayed quotes by London Stock Exchange, Stuttgart Stock Exchange or NAVs (=daily published by fund provider). Quotes and reference data provided by Xignite, Inc., etfinfo and justETF GmbH. Returns include dividend payments. There is no warranty for completeness, accuracy and correctness for the displayed information.
Source:ETFinfo
 

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