New ETNs from WisdomTree on Xetra: access to the performance of CAC 40 companies and the European banking sector with triple leverage
New ETNs from WisdomTree on Xetra: access to the performance of CAC 40 companies and the European banking sector with triple leverage
Since Monday, three new exchange-traded notes issued by WisdomTree have been tradable on Xetra and via Börse Frankfurt.
With the two WisdomTree CAC 40 3x -ETNs, investors can choose to participate in the triple leveraged rising or falling price performance of the 40 largest French companies in the CAC 40 index by market capitalisation.
The WisdomTree EURO STOXX Banks 3x Daily Short tracks the inverse price change of companies in the Eurozone banking sector with triple leverage. The top three holdings include banks such as BNP Paribas, Banco Santander and ING Group.
The three WisdomTree Exchange Traded Notes are debt securities that track the performance of a benchmark index and are fully collateralised.
Name | Asset class | ISIN | Ongoing charges | Reference index |
WisdomTree CAC 40 3x Leveraged | ETN | 0.75 per cent | CAC 40 X3 Leverage Index | |
WisdomTree CAC 40 3x Daily Short | ETN | 0.80 per cent | CAC 40 X3 Short Index | |
WisdomTree EURO STOXX Banks 3x Daily Short | ETN | 0.89 per cent | EURO STOXX Banks Daily Short 3x Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,068 ETFs, 190 ETCs and 266 ETNs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.