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2NGL

Natural Gas 2x Leverage Daily ETP

PRODUCT DESCRIPTION

 

Boost Natural Gas 2x Leverage Daily ETP is a fully collateralised, UCITS eligible ETC. The ETC provides a total return comprised of two times the daily performance of the NASDAQ Commodity Natural Gas ER index and the interest revenue earned on the collateralised amount.  

For example, if the index rises by 1%, then the ETC will rise by 2%, excluding fees. However, if the index falls by 1%, then the ETC will fall by 2%, excluding fees.

ETP RISK WARNING

The Boost Issuer Plc exchange traded products (ETPs) are only intended for investors who understand the associated risks. The short and/or leveraged products involve numerous risks including general market risks relating to the relevant underlying index, credit risks on the provider of index swaps utilised in the ETPs, exchange rate and interest risks, and for our Delta One products, swap counterparty risk. You should consult an investment adviser who can help determine whether or not the products are suitable for you.

 

The price of any Shares or the value of an investment in ETPs may go up or down and an investor may not get back the amount invested. Past performance is not a reliable indicator of future performance. This material is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any financial instrument or product or to adopt any investment strategy.

Fund Overview
Base/Trading Currency USD/USD
Bloomberg Ticker 2NGL LN
Daily Change (24 Apr 2019) 0.09%
Index Bloomberg Ticker NQCINGER
Index Name NASDAQ Commodity Natural Gas ER Index
ISIN IE00B94QKX96
Leverage Factor 2x
Price (NAV) (24 Apr 2019) $2.14
Net Asset Value As of 24 Apr 2019
NAV $2.14
Daily Change N/A
Daily Return 0.09%
Total AUM of fund $251,209.12
Structure
Physical Assets Yes (Collateral)
Structure ETC
Domicile Ireland
Replication Method Fully Collaterised Swap
Key Service Providers
Issuers Boost Issuer PLC
Administrator Capita IFS
Custodian Bank of New York Mellon
Trustee Law Debenture Trust
Auditor Ernst & Young
Swap Provider BNP Paribas Arbitrage SNC
Market Makers Market Makers
Authorised Participants APs
Fees
Annual Management Fee Rate 0.44%
Daily Swap Rate 0.00388%
Passported Countries
Austria Austria
Germany
Ireland
Italy
Norway
United Kingdom

Listings & Codes

Listings & Codes
Index Details
No Index Selected. Description Unavailable.

Index Details

No Index Selected. Index Details unavailable.
No Index Selected. Documents list unavailable.

Collateral Details

No Collateral Selected. Collateral Details unavailable.
No Collateral Selected. Documents list unavailable.
No Collateral Selected. Description Unavailable.

Collateral Structure

No Collateral Selected. Description Unavailable.

DISCLAiMERS

 

NASDAQ OMX trademarks referenced herein are trademarks of NASDAQ OMX and have been licensed for use by Boost Issuer PLC. The securities incorporating NASDAQ OMX indexes are not created, sponsored, endorsed, recommended or promoted by NASDAQ OMX and NASDAQ OMX shall have any no liability in connection with the securities.