FTSE 100 2x Short Daily ETP
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.
- Price (NAV) (25 May 2017) £41.42
- Base/Trading Currency GBP/GBP
- Daily Change (25 May 2017) -0.12%
- Leverage Factor -2x
- ISIN IE00B94QKF15
- Bloomberg Ticker 2UKS LN
- Index Name FTSE 100 Daily Super Short Strategy RT Gross TR
- Index Bloomberg Ticker UKXI2X
|Further Legal and Tax Information|
|UK Fund Reporting Status||Yes|
|Registered Countries||Germany, Ireland, Italy, Norway, United Kingdom|
|Physical Assets||Yes (Collateral)|
|Replication Method||Fully Collaterised Swap|
|Annual Management Fee Rate||0.55%|
|Daily Swap Rate||-0.00111%|
FTSE 100 DAILY SUPER SHORT STRATEGY RT GROSS TR
The FTSE 100 Ultra Short Strategy RT Gross TR Index aims to replicate the inverse daily performance of the FTSE 100 Declared Dividend Total Return Index multiplied by a leverage factor of two and adjusted to reflect certain inherent costs and revenues of maintaining the short positions required to achieve that aim.
The FTSE 100 Total Return Declared Dividend Index is a total return version of the FTSE 100 Index, which is a capitalization-weighted index of the 100 most highly capitalised companies traded on the London Stock Exchange.
|Index ID Card|
|Index Name||FTSE 100 Daily Super Short Strategy RT Gross TR|
|Leverage Method||Daily Rebalancing|
Boost Collateral Details
|Details||25 May 2017|
|Collateral Coverage Ratio||105.3%|
|Custodian||State Street Bank Luxembourg S.C.A.|
Boost is an independent boutique Exchange Traded Product (“ETP”) provider and as such it is independent from any investment bank, swap provider, trustee or custodian. Boost ETPs have a robust and transparent collateral structure, which Boost believes offers investors a best of breed counterparty risk model, where investors’ interests are aligned with Boost's.
All rights in the FTSE 100 (the “Index”) vest in FTSE International Limited (“FTSE”). “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE under licence. The Boost FTSE 100 2x Short Daily ETP (the "Product) has been developed solely by Boost Issuer PLC. The Index is calculated by FTSE or its agent. FTSE and its licensors are not connected to and do not sponsor, advise, recommend, endorse or promote the Product and do not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Product. FTSE makes no claim, prediction, warranty or representation either as to the results to be obtained from the Product or the suitability of the Index for the purpose to which it is being put by Boost Issuer PLC.