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3DEL

LevDAX® 3X Daily ETP

Boost LevDAX® 3x Daily ETP is a fully collateralised, UCITS eligible Exchange-Traded Product. The ETP tracks the LevDAX® x3 TR EUR index, providing three times the daily performance of the DAX® index, adjusted to reflect fees and costs inherent to maintaining a leveraged position in stocks. 

For example, if the DAX rises by 1%, then the ETP will rise by 3%, excluding fees. However, if the DAX falls by 1%, then the ETP will fall by 3%, 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 EUR/EUR
Bloomberg Ticker 3DEL LN
Index Bloomberg Ticker LEVDAX3
Index Name LevDAX® x3 TR Index
ISIN IE00B878KX55
Leverage Factor 3x
Net Asset Value 19 Oct 2018
NAV €183.48
Daily Change -€6.12
Daily Return -3.23%
Total AUM of fund €7,741,949.73
Shares Outstanding 0
Structure
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
Authorised Participants APs
Fees
Annual Management Fee Rate 0.75%
Daily Swap Rate 0.00417%
$name
Germany
Ireland
Italy
Norway
United Kingdom

Listings & Codes

Listings & Codes
Index Details Section Title

LEVDAX® X3 TR INDEX

The LevDAX x3 TR Index aims to replicate the daily performance of the DAX® multiplied daily by three and adjusted to reflect certain inherent costs of maintaining the leveraged positions required to achieve that aim. 

The DAX® is an index of 30 selected German blue chip stocks traded on the Frankfurt Stock Exchange. The index is open to companies with juristic headquarters in Germany or to companies with operating headquarters in Germany with a major share of their stock exchange turnover at the Frankfurt Stock Exchange and juristic headquarters in the European Union or in an EFTA state. The equities use free float shares in the index calculation. The DAX has a base value of 1,000 as of December 31, 1987. As of June 18, 1999 only XETRA equity prices are used to calculate all DAX indices. The DAX index is calculated in EUR. The level of the DAX® index is calculated on a gross total return basis.

Index Details Section Title

Index Details Table Title
Index Name Table Key LevDAX® x3 TR Index
Index Currency Table Key EUR
Index Provider Table Key DAX
Index Bloomberg Ticker Table Key LEVDAX3
Index Reuters Ticker Table Key .LEVDAX3
Index Leverage Factor Table Key 3x
Index Leverage Method Table Key Daily Rebalancing

Collateral Details Section Title

Collateral Details Table Title 18 Oct 2018
Collateral Coverage Table Key 106.5%
Collateral Collateralised Table Key Yes
Collateral Over Collateralised Table Key Yes
Collateral Custodian Table Key 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.

Collateral Structure Section Title

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.

 

DISCLAIMERS