ComStage ShortDAX TR UCITS ETF ISIN LU0603940916, Valor Number 12603142

 
 
 

Strategy of ComStage ShortDAX TR UCITS ETF

Investment strategy

The ShortDAX® index tracks the inverse performance of the DAX® index on a daily basis. The DAX® index tracks the 30 largest and most traded German stocks listed on the Prime Standard segment of the Frankfurt Stock Exchange.

Factsheet EN   
 

ShortDAX® (2)

Equity (11) Germany (5)

Quote

CHF 25.51
Last quote
22/11/17
24.40 52 weeks low/high 30.01
52 weeks low/high
 
 

Risk and fees of ComStage ShortDAX TR UCITS ETF

Risk

CHF 91 m
Fund size
Fund size category

Replication

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

Currency risk

Currency unhedged
Volatility 1 year (in CHF) 12.59% Risk category
Inception Date 10 May 2011
Maximum drawdown
since inception (in EUR)
-68.22%
Maximum drawdown period 73 Months

Fees

0.30% p.a.
Total expense ratio
0.02% Compare 1.40%
Compare (Equity)

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 ShortDAX TR UCITS ETF

Return

1 year: -14.11%
Performance (incl. dividend)
Return in:
 
YTD 2016 2015 2014 2013
-7.52% -12.19% -23.03% -7.32% -21.43%
1 month 3 months 6 months 1 year 3 years
-1.17% -6.60% 1.12% -14.11% -38.26%
 

Documents for ComStage ShortDAX TR UCITS ETF

 

Description of ComStage ShortDAX TR UCITS ETF

The ComStage ShortDAX TR UCITS ETF tracks the inverse development of the index.

The total expense ratio amounts to 0.30% p.a.. The fund replicates the performance of the underlying index synthetically with a swap. The ComStage ShortDAX TR UCITS ETF is a small ETF with 91m 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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