New ETN: expanded range of ETNs

Leverage Shares allows exposure around equity companies, U.S. government bonds, as well as tech stocks with vola hedge component.
 

30 June 2023. FRANKFURT (Börse Frankfurt). Since Friday, 14 exchange-traded notes issued by Leverage Shares are tradable on Xetra and via the trading venue Börse Frankfurt.

Leverage Shares complements its existing range of collateralised exchange traded notes (ETNs) and offers investors access to the long and short performance of equity companies, US government bonds as well as an active investment strategy of tech stocks in combination with a hedge component with up to a 5x leverage factor.

The LS FAANG+ ETP tracks the performance of a basket of ten equally weighted, highly liquid, globally known US technology companies. These include, for example, Amazon, Apple, Alphabet, Meta Platforms, Microsoft, Netflix and Tesla. Access to the Indian equity market in the triple long and short variant is offered by the Leverage Shares India ETP.

In the case of individual companies with a triple leverage factor, investors can make a long or short investment in the performance of the US oil company Exxon or the Italian car manufacturer Ferrari.

Other ETNs offer access to the US bond market with a focus on inflation-linked government bonds as well as government bonds with a remaining maturity of seven to ten years or more than 20 years, both long and short with a leverage factor of five.

The LS Short Volatility Long Tech ETP pursues an active investment strategy that provides investors with access to the positive performance of the U.S. technology sector via QQQ while seeking to hedge against downside risks with a short position in the VXX. This involves building a long position in the Invesco QQQ Trust (QQQ) and, in return, a short position in the iPath S&P 500 VIX short-term futures ETN (VXX).

The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2,036 ETFs, 186 ETCs and 262 ETNs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.

30 June 2023, © Deutsche Börse AG