L&G DAX Daily 2x Long UCITS ETF ISIN IE00B4QNHH68, Ticker DL2P

 
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Strategy of L&G DAX Daily 2x Long UCITS ETF

Investment strategy

The LevDAX® (2x) index tracks the two times leveraged 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.

 

LevDAX® (2x) (2)

Equity (12) Germany (5)
Quote
GBP 234.37
Last quote
03/07/20
115.08 52 weeks low/high 289.88
52 weeks low/high
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Risk and fees of L&G DAX Daily 2x Long UCITS ETF

Risk
GBP 28 m
Fund size
Fund size category

Replication

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

Currency risk

Currency unhedged
Volatility 1 year (in GBP) 58.40% Risk category
Inception/ Listing Date 15 June 2009
Fees
0.41% p.a.
Total expense ratio
0.04% Compare 0.98%
Compare ( Equity )
Dividend/ Taxes
Distribution policy Accumulating
Distribution frequency -
Fund domicile Ireland
Legal structure
Fund Structure Open-ended Investment Company (OEIC)
UCITS compliance Yes
Fund Provider Legal & General (LGIM)
Administrator BNY Mellon Fund Services (Ireland) Designated Activity Company
Investment Advisor GO ETF Management Limited
Custodian Bank BNY Mellon Trust Company (Ireland) Limited
Revision Company KPMG
Fiscal Year End 30 June
Swiss representative State Street Fondsleitung AG
Swiss paying agent State Street Bank International GmbH, München, Zweigniederlassung Zürich
Tax Status
Switzerland No ESTV Reporting
Austria Tax Reporting Fund
UK UK Reporting
Replication, swap, securities lending
Indextype Total return index
Swap counterparty Merrill Lynch International
Collateral manager BNY Mellon Fund Services (Ireland) Limited
Securities lending No
Securities lending counterparty
 
 
 

Performance of L&G DAX Daily 2x Long UCITS ETF

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Description of L&G DAX Daily 2x Long UCITS ETF

The L&G DAX Daily 2x Long UCITS ETF tracks the leveraged development of the index.

The total expense ratio amounts to 0.41% p.a.. The fund replicates the performance of the underlying index synthetically with a swap. The L&G DAX Daily 2x Long UCITS ETF is a small ETF with 28m GBP assets under management. The ETF is older than 5 years and is domiciled in Ireland.
 

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— 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.
Source:ETFinfo
 
 
— 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.
Source:ETFinfo
 
 

Returns of L&G DAX Daily 2x Long UCITS ETF

Returns in years
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Monthly returns in a heat map
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— 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.
Source:ETFinfo
 
 

Listings of L&G DAX Daily 2x Long UCITS ETF

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Rolling 1 year volatility

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