ComStage PSI20 Leverage UCITS ETF ISIN LU0444605306, WKN ETF048

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Strategy of ComStage PSI20 Leverage UCITS ETF

Investment strategy

The PSI 20® Leverage (2x) index tracks the two times leveraged performance of PSI 20® on a daily basis. The PSI 20® index tracks the 20 largest and most liquid Portuguese stocks.


PSI 20® Leverage (2x) (1)

Equity (26) Portugal (1)


EUR 6.07
4.35 52 weeks low/high 6.18
52 weeks low/high
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Risk and fees of ComStage PSI20 Leverage UCITS ETF


EUR 6 m
Fund size
Fund size category


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

Currency risk

Currency unhedged
Volatility 1 year (in EUR) 25.60% Risk category
Inception Date 26 August 2010
Maximum drawdown
since inception (in EUR)
Maximum drawdown period 108 Months


0.35% p.a.
Total expense ratio
0.04% Compare 0.98%
Compare (Equity)

Dividend/ Taxes

Distribution policy Distributing
Distribution frequency Annually
Fund domicile Luxembourg
Tax data Bundesanzeiger

Legal structure

Fund Structure Company With Variable Capital (SICAV)
UCITS compliance Yes
Fund Provider Comstage
Administrator BNP Paribas Securities Services S.A. (Lux)
Investment Advisor Commerzbank AG, Frankfurt
Custodian Bank BNP Paribas Securities Services, Luxembourg Branch
Revision Company EY Luxembourg
Fiscal Year End 30 June
Swiss representative -
Swiss paying agent -

Tax Status

Germany Tax transparent
Switzerland No ESTV Reporting
Austria Tax Reporting Fund
UK No UK Reporting
EU Savings Directive -

Replication, swap, securities lending

Indextype Total return index
Swap counterparty Commerzbank|Goldman Sachs|Barclays|BNP Paribas
Collateral manager Commerz Funds Solutions S.A.
Securities lending No
Securities lending counterparty

Performance of ComStage PSI20 Leverage UCITS ETF


1 year: 19.37%
Performance (incl. dividend)
Return in:
YTD 2018 2017 2016 2015
36.77% -21.62% 35.80% -22.69% 20.71%
1 month 3 months 6 months 1 year 3 years
12.13% 22.98% 10.11% 19.37% 66.67%

Savings plan offers for the ComStage PSI20 Leverage UCITS ETF

Select your savings amount:

Broker Rating Savings plan offer Brokerage fee More information
free of charge
free of charge
More info
free of charge + ATC
free of charge
Penalty rate
More info
EUR 1.50
free of charge
More info
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Description of ComStage PSI20 Leverage UCITS ETF

The ComStage PSI20 Leverage UCITS ETF tracks the leveraged development of the index.

The total expense ratio amounts to 0.35% p.a.. The fund replicates the performance of the underlying index synthetically with a swap. The ComStage PSI20 Leverage UCITS ETF is a very small ETF with 6m Euro assets under management. The ETF is older than 5 years and is domiciled in Luxembourg.
— All quotes are 15 minutes delayed stock exchange quotes 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.

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