Boost’s short Silver and leverage NASDAQ 100 and Natural Gas are the Top 3 Performing ETPs on the LSE in August
Wednesday 10th September '14
- Boost Silver 3x Short Daily ETP (3SIS) rose 16.8% (GBP) in August on the back of silver futures falling 3.1% (GBP) in the same period, making it the best performing ETP on the LSE.
- Boost NASDAQ 100 3x Leverage Daily ETP (QQQ3) was LSE’s second best performing ETP in August. QQQ3 rose 15.5% (GBP) on the back of the NASDAQ 100 rising 6.9% (GBP) in the same period.
- LSE’s third best performing ETP was Boost Natural Gas 3x Leverage Daily ETP (3NGL). 3NGL rose 15.4% (GBP) in August as natural gas futures rose 7% (GBP) in the same period.
- At the end of August, the AUM of S&L ETPs stood at $59.7 billion. At the same time, BOOST reached a record $130 million AUM, with $168 million turnover for August being the highest in 4 months.
The following table outlines the performance figures for the said ETPs:
|1||Boost Silver 3x Short Daily ETP||3SIS||16.8%|
|2||Boost NASDAQ 100 3x Leverage Daily ETP||QQQ3||15.5%|
|3||Boost Natural Gas 3x Leverage Daily ETP||3NGL||15.4%|
Source: Boost, Bloomberg. Returns represent changes in NAV / official prices where available or exchange closing prices otherwise, between 31/07/2014 and 29/08/2014. Ranking of returns was done based on GBP returns.
Viktor Nossek, Head of Research at BOOST ETP commented:
Investors are increasingly using S&L ETPs for a variety of reasons. There is wider product availability, greater product knowledge from improved educational resources, and increased demand for hedging tools and leveraged instruments available. There is also a move towards independent, transparent and exchange traded instruments such as ETFs and ETPs. As a result of this increased usage and interest in S&L ETPs, BOOST recently launched a monthly Global Short & Leverage ETF / ETP Report and a Short & Leverage ETF / ETP Advisor Tool Kit.