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FTSE 250 1x Short Daily ETP

Boost FTSE 250 1x Short Daily ETP is a fully collateralised, UCITS eligible Exchange-Traded Product. The ETP tracks the FTSE 250 Daily Short Strategy RT Gross TR index, providing  the inverse daily performance of the FTSE 250 Gross TR index, adjusted to reflect fees as well as the costs and revenues inherent to shorting stocks.

For example, if the FTSE 250 rises by 1%, then the ETP will fall by 1%, excluding fees. However, if the FTSE 250 falls by 1%, then the ETP will rise by 1%, excluding fees.


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) (27 Apr 2017) £56.04
  • Base/Trading Currency GBP/GBP
  • Daily Change (27 Apr 2017) 0.08%
  • Leverage Factor -1x
  • Bloomberg Ticker 1MCS LN
  • Index Name FTSE 250 Daily Short Strategy RT Gross TR
  • Index Bloomberg Ticker MCXI1X

Further Legal and Tax Information

Physical Assets Yes (Collateral)
Structure ETP
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
Authorized Participants APs
Annual Management Fee Rate 0.65%
Daily Swap Rate 0.00388%

Listings & Codes

London Stock Exchange
Base Currency GBP
Trading Currency GBP
Exchange Ticker 1MCS
Bloomberg Ticker 1MCS LN
Settlement Period T+2
Listing Date 05 Jul 2013


The FTSE 250 Daily Short Strategy RT Gross TR Index aims to replicate the inverse daily performance of the FTSE 250 Index adjusted to reflect certain inherent costs and revenues of maintaining the short positions required to achieve that aim.

The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th most highly capitalised companies traded on the London Stock Exchange. This Index is calculated in GBP and published every minute.

Index Details

Index ID Card
Index Name FTSE 250 Daily Short Strategy RT Gross TR
Currency GBP
Index Provider FTSE
Bloomberg Ticker MCXI1X
Leverage Factor -1x
Leverage Method Daily Rebalancing

Boost Collateral Details

Details 27 Apr 2017
Collateral Coverage Ratio 105.6%
Over Collateralised Yes
Custodian Bank of New York Mellon

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.

Boost Collateral Structure



All rights in the FTSE 250 Daily Short Strategy RT Gross TR Index (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.


Boost FTSE 250 1x 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.